Скачать или смотреть What Are the Costs of a Reverse Mortgage? Full Breakdown | Dave Evans, Mortgage Expert

How much does a reverse mortgage actually cost? Let’s break it down so you’re not caught off guard. 

Hey, I’m Dave Evans, your reverse mortgage specialist. In this video, I’m explaining the real costs you can expect:

🔹 Origination Fee – Paid to the lender to process the loan
🔹 Mortgage Insurance Premium (MIP) – Required for FHA-backed loans
🔹 Closing Costs – Includes appraisal, title, and more
🔹 Servicing Fee – Ongoing fee to manage the loan

💡The good news? Most of these fees are rolled into the loan balance, so there’s no need to pay out of pocket upfront.

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