Maria, a retired teacher in California, has spent years in her beloved home. But with retirement around the corner, she’s starting to wonder about ways to make her life easier financially. Her neighbor, John, tells her, “You shouldn’t even think about a reverse mortgage. I heard the bank takes your house!” Now, Maria’s stressed, but […]
Reverse mortgages have long been a subject shrouded in doubt and confusion, with numerous homeowners in the senior category harboring reverse mortgage myths debunked only through the acquisition of accurate information. The world of senior loan misconceptions is vast, but as industry professionals, we recognize the critical need to shine a light on the facts. […]
