“Uh oh!” is probably what you’re thinking? If you stand to inherit a home from a family member and they talk about getting Reverse Mortgage for themselves, people today often think it might be a scam or possibly become a problem when a property is left to someone when the owner passes away.
But is that what it really is?
In this interview, Lynn Nelson from Finance of America shares some answers and clarifications with you to clear up what Reverse Mortgages are, why people today get them, and some info on what you did not know about with a mortgage of this kind.
Missed the LIVE show? Watch the playback here!