
#043 - Everything you wanted to know about reverse mortgages, with Josh Blum (Part 2 of 2)
Retirement Planning Education, with Andy Panko
00:00
How Much Equity Do You Have Available in a Line of Credit?
There's a margin associated, right? So it's your constant maturity treasury today. It's basis points. And is it that or is that plus some spread? Yeah. What the margin is, is kind of dependent on the market and the environment that we're in. Right now your margins are, are really pretty low. I mean, if you think about, I talked about a sub 2% loan earlier, we're dealing with very low margins in our current environment.It's a very good macro environment from an interest rate perspective. Okay. The structure of the loan is such that whatever interest rate is on the loan for the balance, the entire amount of access will grow by that
Transcript
Play full episode