Reverse Mortgage and Lender Responsibilities

Today’s reverse mortgages were created to include many features that protect seniors from reverse mortgage fraud unscrupulous lenders who wish to scam or prey on seniors. In many cases, seniors aren’t aware that they are granted numerous rights and protections when entering the lending and borrowing arena.
Consumer safeguards are in place to [...]

Finding an Approved Reverse Mortgage Lender

There are many reverse mortgage lenders marketing themselves to senior homeowners. All one has to do is turn on the television during typical business working hours and to see commercial after commercial targeted to retired homeowners.
Because of the recent surge in reverse mortgage loan popularity, many seniors are jumping on the reverse mortgage bandwagon. [...]