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Posts Tagged 'cons'

Reverse Mortgage Pros & Cons, Starting with the Downsides!

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I can almost hear it now... “This is an article written by a guy who does reverse mortgages, there probably won’t be any cons!”  As passionate as we are about the reverse mortgage program, there are drawbacks in some instances, and we make certain that we point out the pros and cons to all reverse mortgage applicants. The product is...
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Reverse Mortgage Pros Cons Reexamined for 2013

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A reverse mortgage can help improve your financial situation if you are at least 62 years of age, have a substantial amount of home equity and are looking to improve cash flow in retirement. But this type of loan is not for everyone—like any long-term financial decision, it’s important to consider the pros and cons of reverse mortgages before...
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2011 Reverse Mortgage Pros and Cons

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2011 is fast approaching and people are still asking about the reverse mortgage pros and cons. We have seen some changes over the past year and it's time to update some of the reverse mortgage pros and cons that were reported in our last article. HUD has made some changes that many feared and some have helped, some have made...
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