Welcome to Reverse Mortgage Myths: Separating Fact from Fiction. There are many misconceptions about reverse mortgages, and this video series is here to set the record straight. Through these videos, I’ll break down the most common myths, clarify the facts, and help you understand how reverse mortgages really work. Whether you're considering this option for yourself or a loved one, these insights will give you the confidence to make informed financial decisions.

Reverse Myth 1:
The Bank/Lender Owns
Your Home Witha Reverse Mortgage

Reverse Myth 2: Your Heirs Are Responsible for Your Debt if the Home Depreciates in Value.

Reverse Myth #3: You Need to Have a Mortgage to Qualify for a Reverse Mortgage.

Reverse Myth #4:
You Can Only Use Your Home Equity Cash for Certain Things.

Reverse Myth #5: You Have to Make a Monthly Mortgage Payment, Especially if Your Reverse Mortgage Balance Is High.

Reverse Myth #6: Reverse Mortgage Are a Ripoff and a Bad Idea, Nobody Should Have One.

Reverse Myth #7: There Have Been a Lot of Complaints to the Cfpb (Consumer Financial Protection Bureau) About Reverse Mortgages.

Reverse Myth #8:
You Have to Stay In Your
Current Home to
Take Out a Reverse Mortgage.