Our Reverse Mortgage Blog

When reverse mortgages first came out there was little in the way of safeguards for seniors to prevent them from being taken advantage of. Unscrupulous loan officers did not disclose the loan program properly and often took advantage of the senior citizen.  It is the very reason that I got out of marketing the reverse mortgage at that time as I did not want a bad reputation from what other loan officers were doing.

As time has progressed, many safeguards have been put into place to make sure that the senior client is protected. All lenders offering the reverse mortgage must have been trained in the reverse loan process and all lenders price the loan in the same way and at the same interest rate.

Now, the Reverse Mortgage Loan Program is safe for seniors that want a better life style.  Educational material is abundant and counseling of the senior is mandatory. We want to have you well informed about how this loan operates so that any worries or fears you might have are removed.  These types of loans allow the senior to stay in their home for as long as they want, never having to worry about making another mortgage payment or being forced to move.  Our team of reverse mortgage experts look forward to guiding you through this loan process and on to better financial future.