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Delivering The Facts About Reverse Mortgages. Determination of an Outcome is a Personal Thing.
 
     Facts will tell you ... what is medicinal and of assistance physically to one person, is pure poison to another.  
     That is certainly the truth when talking of mortgage loan programs.  One has to look no further than the notorious ARM programs of this last decade to verify that statement.  They were a godsend to some consumers ... and lethal to others.
     Currently, you need not look any further than the Reverse Mortgage Loan to view a Devil and Angel comparison either.  Some financial analysts view them as a sure sign of senior abuse, while other analysts will tell you that these loans deliver salvation. 
     I've come to state ... Reverse Mortgages are neither.  They are a loan tool much like any other.  As stated above, good for some people and bad for others, a determination to be made based on FACTS.
     I like to present simplistic facts regarding Reverse Mortgages first and let my clients (along with any counsel they may have) decide on how to proceed any further.  These facts along with others, in tandem with the clients' personal financial scenario, will dictate the final determination of the good or evil of pursuing a Reverse Mortgage any further.  
     To that end, I ... more

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