Better Interest Rates and Principal Limit Factors
Plaza has improved the interest rates and principal limit factors in its popular Reverse Jumbo program.
With Reverse Jumbo, your senior homeowners can access up to $4 million in equity with no FHA mortgage insurance requirements, fixed-rates as low as 5.50% and we accept FICOs at 640. In addition, there are no lender fees and the program has no limitations on cash-out or minimum or maximum lump sum payout requirements at closing. Reverse mortgages may close in as few as 30 days.
