Reverse Mortgage

    The elderly are losing their homes due to the misleading ads on Reverse Mortgage.  They think the money is home equity that does not have to be paid back. Unfortunately, that is not true.  The Reverse Mortgage is, essentially, a home loan that has to be paid back if you move, sell the home, or die. You still have to pay property taxes, home insurance and maintenance.

    Trackback from your site.

    Leave a Reply