But then the credit crunch came, What once was selling on Wall Street easily is now much more difficult for lenders to find investors willing to take the chance to buy. Add to that the fact that many of these loans are secured by very high value homes and those values are declining rapidly in many markets and you have the proverbial double whammy to the senior borrowers who own them and wish to obtain a reverse mortgage...

So for the borrower who is really trying to determine the lowest cost reverse mortgage for proprietary or jumbo reverse mortgage programs, they need to also review the missing element the margin. The margin is the amount that is added to the index to determine at what rate the loan will accrue interest over the life of the loan