SuperMoney

Mortgage Network

in Reverse Mortgages

Unaffiliated Visit Site

Mortgage Network

Unaffiliated

in Reverse Mortgages

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote
Cast your vote

Would you recommend Mortgage Network to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend

Overview

Where does Mortgage Network do business?

Mortgage Network is based in Danvers, MA. The company was founded in 1988 and offers reverse mortages in state in the USA.

What types of reverse mortgages does Mortgage Network offer?

Mortgage Network allows borrowers to apply for the following types of reverse mortgage.

Lump sum. The borrower can access the entire amount immediately. However, you will need to pay interest on the entire amount regardless of whether you spend it.

Monthly disbursement. With this option, you get a monthly allowance. This is a good option if you need an additional source of income to cover your living expenses. It can be used in combination with a line of credit for additional flexibility.

What fees does Mortgage Network charge for a reverse mortgage?

Mortgage Network may charge a loan origination fee.

 

SUPERMONEY Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Be the first to rate

Would you recommend Mortgage Network to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)