In addition, a reverse mortgage isn’t a particularly attractive loan. Not only is the interest rate 1-2% higher than a typical mortgage, but you can’t even deduct the interest. You see, the IRS rules are that you can only deduct interest you actually pay. Reverse mortgage interest isn’t paid until the home is sold.
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Each Motto Mortgage franchise is going to be paired with a real estate brokerage – and not just Re/Max brokerages; these partnerships are open to companies beyond Re/Max. Motto Mortgage loan originators will work within real estate offices to ensure that agents can help home buyers obtain mortgage loans for a "one-stop shop" experience.
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Motto Mortgage Gains Momentum With 100 Franchises Sold – Experienced RE/MAX franchise owners with a combined 40 years of experience as attorneys and real estate professionals, the Bonners will open Motto Mortgage Resource in late 2018. The value of having m.
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