Are reverse mortgages a good idea or do they end up screwing you over in the end? by engelen482 from Frederick, Maryland. Jul 6th 2020
It all depends upon your individual situation and goals. I'd recommend talking with a reverse mortgage specialist and completing the preliminary education. From there, you can explore your options deeper before making a decision to move forward. Hope this helps.
This is one of those Yes, No, Maybe kind of answers. Reverse mortgages are a perfect solution to many situations, but depending on what you are trying to accomplish, they may not live up to your expectations. I'd be happy to help you get a better understanding of how they work, the pros and cons, how it might fit into your plans and then, when you are ready, I can refer you to a fully licensed Reverse Mortgage Specialist to assist you. ~ Bert Carpenter, The LoansA2z Team of NEXA Mortgage ~ NMLS 40586 ~ Licensed in Arizona, California, Georgia, Oregon and Washington ~ www.ApplyYes.com 480-889-9000
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