Was anyone really worried that a reverse mortgage was "just a way for the bank to get your house" before Tom Selleck assured them it wasn't?
- rickLv 72 months agoFavorite Answer
Reverse mortgage is a scam. Most of you will do better getting a second loan, or refinancing. WTF!! Give the property to a relative and pay him rent. Don't fall for the reverse mortgage scheme. PLEASE!!
- RPLv 72 months ago
In my situation, "no." It has helped me remain in my home and, without it, that would have been impossible.