Reverse Mortgage Fees Reduced Again

Reverse mortgages are a good idea for some but for others who have more of a "want" than a "need" to do a reverse mortgage, the costs have always been the culprit that have kept them from doing the loan. Until now, that is, because the costs are being whittled down, left and right, by every lender in the game. That's right, the lender's themselves are picking up the fees and making a lot less money doing so, for the benefit of the borrower. Wow, pinch me, is this a whole new way of doing business? Have mortgage lenders finally realized that they need to take care of their customers first, or they won't have any? Ok, fantastic, but what does it mean to the borrower? How much are these fees? What can I expect to pay and what will the lender pay on my behalf? You know I'm going to tell you....check out my post called "Reverse Mortgage Lenders Pitch In."