A popular myth I often hear is “Reverse Mortgage, that is where they take your house”. This is an untruth, usually voiced by those who have no idea of the concept of Reverse Mortgage. At Seniors First our consultants can demonstrate with a fair degree of accruacy what will happen to the equity in your home many years from now. In addition if you use and you should use a Lender who is a member of SEQUEL you will have a “No Negative Equity” guarantee.
NRMLA Healthcare Guide
ethical, and respectful practices in offering and making reverse mortgages to seniors. ... numbers of consumers are using reverse mortgages to remain in their homes ...
Reverse Mortgage FAQs – Reverse Mortgage Information
Reverse Mortgages. Reverse Mortgage FAQ's. What is Reverse Mortgage? ... Reverse mortgages are designed for homeowners at least 62 years of age with a reasonable ...