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Reverse Mortgage Good or Bad? I’m asked that all the time and I believe the answer is different for every circumstance. As in many things, it’s not the tool – it’s the user. Here are some things to consider as you mull over the suitability of a reverse mortgage for yourself, a client or loved one. Do you understand the way the reverse mortgage works? (The concept of negative amortization) Do you have a plan on how you will use the reverse? Can you articulate the benefit to you of your choice of reverse mortgage product, Fixed vs. Adjustable or Standard … (3 comments)
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Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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