A new rate every morning lays the foundation of mortgage recycling where you can pay a lump sum after every 6 months.

每天早上一新利率循环奠定了基础按揭可以支付一笔你每6个月以后。

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For this group, a common factor in most plans is the utilization of a current market interest rate to convert the monthly pension to a lump sum figure.

FORBES: The Early Retirement Income Challenge

Today, 70 percent of HECM loans are fixed rate, where proceeds are disbursed only through a single lump sum.

FORBES: Reverse Mortgages Fall Short of Their Potential, Says a New Government Report