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    Reverse Mortgage

    I am considering a Reverse Mortgage. I am disabled, house is only 15 years old & paid off. I want the money to pay off medical bills and to live comfortably. I have only one child and she is the beneficiary of a large insurance policy.


     


    Is the Reverse Mortgage a good or bad thing to do?

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    0  Views: 782 Answers: 2 Posted: 12 years ago
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      2 Answers

      Lots of info here  >http://www.reversemortgage.org/

      12 years ago. Rating: 3
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        Pallbearer67

        I know all the facts & have been talking with AAG. But I hear too many negative stories from my friends & Financial Advisors. I want to know the disadvantages of the program.
        commented 12 years ago

        I would like to know the disadvantages of a Reverse Mortgage.

        12 years ago. Rating: 1
        Comment this answer

          ROMOS

          commented 12 years ago


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