Review of ReverseMortgageDirect
1 Review From Our Community
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2 reviews
12 helpful votes
5/31/13
I think reverse mortgages are bad for most seniors. The fees and expenses are too high and there is too much risk they will lose their home. Any senior or family considering a reverse mortgage should read all these articles first:
http://money.usnews.com/money/blogs/On-Retirement/2012/12/11/5-reasons-to-avoid-a-reverse-mortgage
http://www.nytimes.com/2012/10/15/business/reverse-mortgages-costing-some-seniors-their-homes.html?pagewanted=all&_r=0
http://online.wsj.com/article/SB****************************564.html
http://money.usnews.com/money/blogs/On-Retirement/2012/12/11/5-reasons-to-avoid-a-reverse-mortgage
http://www.nytimes.com/2012/10/15/business/reverse-mortgages-costing-some-seniors-their-homes.html?pagewanted=all&_r=0
http://online.wsj.com/article/SB****************************564.html
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