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Jumbo Products

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Fixed Rate Jumbo Reverse Mortgage from BNY Mortgage 

May 16, 2007By

Today, BNY Mortgage released their Prime Advantage™ jumbo reverse mortgage product.  This is the first jumbo reverse mortgage product that gives borrowers the financial certainty of a fixed interest rate for the life of the loan.  Back in March, BNY Mortgage became the first lender since the early 90’s to offer a conventional fixed rate HECM product.  “With interest rates […]