I have been specializing in the reverse mortgage field since 2001. Over this time I continue to here the same questions all directed towards the perception that a reverse mortgage is the last resort. Many think that once you take out a reverse mortgage you can’t change it. Let’s clear this up once and for all. A Reverse Mortgage is just a Mortgage Loan. You still:
- Own your home,
- Can sell and move at anytime,
- Pay off the loan just like any mortgage (if you choose), and
- Leave the property to your heirs.
If you would like to learn about this loan, simply give me a call. I promise you an informative experience, just the facts none of that TV hype.