Silverboat - Reverse Mortgage Loans

Creating your own account allows you to store data, create a “crew list” to email data to others and if desired, to arrange a “crew meeting” over the internet and phone.

Home Much Of a Reverse Mortgage Can Be Obtained?

To determine how much is available, enter the following information, then press "Calculate."

Property Zipcode:
Borrower's Birthday (MM/DD/YYYY):	/ /
Co-Borrower's Birthday (MM/DD/YYYY):	/ /
Estimated Home Value:	$
Current Mtge Pmt Per Month:	$
Current Mtge Balance:	$

ITEMS	AVAILABLE REVERSE MORTGAGE PROGRAMS :
ITEMS	FHA Monthly	FHA Annual	FNMA Homekeeper	FHA Fixed
Total Lump Sum Available	-	-	-	-	-
Less Closing Costs	-	-	-	-	-
Less Servicing Set Aside	-	-	-	-	-
Less Current Mtge Balance	-	-	-	-	-
Net Lump Sum Available	-	-	-	-	-
Or, Monthly Payment For Life	-	-	-	-	-
Or, Credit Line Available	-	-	-	-	-

Monthly Savings: *
*Additional cash available each month when paying off existing mortgage balance with
a reverse mortgage loan.

Click "Next" to view a detailed breakdown of costs and other calculations.

All calculations, charts, and numbers shown are ESTIMATES only and are made available for your independent use. Interest rates will vary and are subject to change without notice. Silverboat provides this website solely as an informational portal. You should consult your financial, tax or other advisors concerning your specific situation.

| top

Sponsored by Grand Bank N.A.

This website has been created by and is maintained by Silverboat.com, which is solely responsible for its content. This is not an offer or a loan commitment. Nothing contained herein shall be construed as legal advice; if you have questions regarding any legal issues you should consult a qualified and licensed attorney. Silverboat.com is a registered trademark of Encore Partners 321, LLC. The Grand Bank logo is a registered trademark of Grand Bank N.A., a federally chartered Bank and equal opportunity housing lender, and is used with permission.