Thursday, July 06, 2006

Total Annual Loan Cost TALC.

The longer a Senior borrower plans to stay at home the lower the Total Annual Loan Cost (TALC) of the Reverse Mortgage is .

The upfront cost of the Reverse Mortgage are "spread out" over a longer time period thus lowering the cost in any given year.

Eben Johnson Wisconsin Reverse Mortgage Loan Officer
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Location: Oshkosh, Wisconsin, United States

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