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Showing 1 post in U.S. Department of Housing and Urban Development.

Beyond the Commercials: Understanding Reverse Mortgages

Posted In Home Equity Conversion Mortgages (HECMs), Homebuyers, Mortgage, Real Estate Law, Reverse mortgages, U.S. Department of Housing and Urban Development

You have likely seen the commercials for reverse mortgages. While the advertisements urge viewers to “call now to secure you reverse mortgage today” and make them seem risk-free, obtaining a mortgage of this type is a serious decision that should not be made without fully understanding its pros and cons. More >

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