Reverse Mortgage Misconception #1:
The Bank Will Own My Home!
Reverse Mortgages get a bad rap and I’m here to debunk the most common misconceptions about this popular and very misunderstood mortgage product.
Common misconception # 1: The bank or lender own your home. Probably the biggest misconception of them all! Just like any other mortgage, the borrower still owns their home and remains on title.
Don’t let these misconceptions stop you from getting more involved in one of the most financially and emotionally rewarding mortgage products ever created. Contact us now and learn more.
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