Reverse mortgages are a government program with many many benefits and abilities to help seniors. Even if you are just considering which way to take the proceeds of a reverse mortgage, (lump sum, tenure, term, line of credit), there are many things to consider.
This is about planning the rest of your life. Do NOT take it lightly. Do NOT simply look over a few pieces of paper that came in the mail then make a decision.
Learn about reverse mortgages from someone with experience. Check references. Do your homework. Remember, its your life, do your homework and it will be a happy one.
If you are not face to face with a loan officer, then you can bet that you do not know enough about the reverse mortgage plan to make the right decision.
Use the mail to send Christmas cards...not to sign up for a reverse mortgage. If you are getting a reverse mortgage application in the mail, think twice about who you are dealing with and how they will treat you after you are done signing up for the plan.
Bob Fisher
bob@az62.com
714-331-1486
or
623-214-6663
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