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In a word, no.  Absolutely not.  So then why such a misconception for a loan that is nothing more than a strategy for someone within a certain age group?  Well, if you dig deep enough and long enough you can always find something bad about anything.  That’s just a fact of life.  And for every one […]

September 14, 2016

Is a Reverse Mortgage a bad idea?

Blog, news, News

Have you ever wondered, and you probably have an idea, what happens when you stop making payments on your forward loans (i.e. FHA, Conventional, etc) ? Well depending on what state you live in after you’ve missed 4-6 consecutive mortgage payments the bank will then proceed with a¬†foreclosure and as soon as it gets through […]

December 5, 2012

Misconception of a Reverse Mortgage… Oh It’s Out There!

Blog, news

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