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.

If you elect to take a monthly amount equal to the credit line growth (See "1st Month Credit Line Growth") your credit line balance will stay the same over time.

More Details About Our Programs

ITEMS	AVAILABLE REVERSE MORTGAGE PROGRAMS
ITEMS	FHA Monthly	FHA Annual	FHA Fixed
Interest Rate Index:	-	-	-	-	-
Interest Rate Margin:	-	-	-	-	-
TOTAL INTEREST RATE:	-	-	-	-	-
TOTAL LUMP SUM AVAILABLE:	-	-	-	-	-
Less Estimated Closing Costs:	-	-	-	-	-
Less Servicing Set Aside:	-	-	-	-	-
Less Existing Mortgage Balances:	-	-	-	-	-
TOTAL LUMP SUM AVAILABLE:	-	-	-	-	-
If you use the credit line feature, the unused portion increases over time.
Current Annualized Growth Rate:	-	-	-	-	-
Before taking credit line draws, the value of the credit line will be these amounts over time
1st Month Credit Line Growth:	-	-	-	-	-
Estimated Value in 5 Years:	-	-	-	-	-
Estimated Value in 7 Years:	-	-	-	-	-
Estimated Value in 12 Years:	-	-	-	-	-
Estimated Value in 15 Years:	-	-	-	-	-
Estimated Value in 20 Years:	-	-	-	-	-

Helpful Tip

All calculations, charts, and numbers listed 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.

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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.