Reverse Mortgages in the News

Of course we're enthusiastic about the benefits of reverse mortgages. We've seen first hand how this tool can empower seniors to live the lifestyle they desire. But don't take our word for it. Read what the media has said about reverse mortgages lately.

 

Reverse Mortgages Are Not the Next Subprime
The Washington Post
"Feedback from borrowers has been largely positive. In a 2006 survey of borrowers by AARP, 93 percent said their reverse mortgage had had a mostly positive effect on their lives..."

 

Gray Matters: Reverse Mortgages
Time Goes By
"This is one federal government program that has worked as intended for millions of borrowers yet relatively few Americans have taken advantage of it partly because they don’t like to mortgage a home that’s free and clear, or they’re concerned about their heirs. So they let all that equity remain idle."

 

Reverse Mortgages - The Choices Expand
The Wall Street Journal Online
"It may sound hard to believe, but one part of the mortgage market is hot: reverse mortgages. And that's giving older homeowners more options to tap the equity in their homes..."

The good reviews are not just a recent phenomena, either. Much has been said in the past, as well.

Still not sure? Contact one of our senior advisors and ask the questions you'd like answered.