Wolves in Bushes
I am sure there are the wolves in the bushes in every industry. Thanks for putting a fair warning out to the most respected and under appreciated market, our seniors.
The largest safety factor that protects the seniors that you failed to mention is that before anyone can endure any of what you called high closing costs of obtaining a Reverse Mortgage, they must complete counseling with an approved HUD counselor. This counseling... mandatory from a HUD counselor assures the client and the FHA that the client has all the facts needed to make a wise business decision. No counsel with certificate, No Reverse Mortgage!!!
The main point I want to make to you is that as you compose an article to protect the seniors don’t make the ones that already have a Reverse Mortgage feel that they have made a big mistake. If you could travel with me over the past 6 years originating Reverse Mortgages for seniors and see how it has changed their lives and given them a piece of mind for their next day of “their Golden Years”, I feel you would have directed this article with a different approach.
I do not want to give you the impression that your info is wrong; it’s just that it didn’t have all the facts.
Thanks for hearing me out.
Your posted comments on this and other questions are welcome.
If you have a question for Jeff an answer is just a click away.
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