Myths & Misconceptions

Here, we look at some of the common myths & misconceptions about Reverse Mortgages.

Topic Posts Views Latest Post  ▲
Will the Reverse Mortgage put me into a higher tax bracket?
Started by Karen / December 15, 2009 02:36PM
3 711
Last post on Dec 18, 2009
by Karen McVearry
MYTH: Will my spouse be forced to pay back the money we borrowed if I die first?
Started by Karen / November 18, 2009 09:43AM
1 627
Last post on Nov 18, 2009
by Karen McVearry
MYTH: If I do a Reverse Mortgage, I cannot sell my home.
Started by Karen / November 18, 2009 09:42AM
1 162
Last post on Nov 18, 2009
by Karen McVearry
MYTH: If I do a Reverse Mortgage, I cannot leave my house to my children when I die.
Started by Karen / November 18, 2009 09:41AM
1 197
Last post on Nov 18, 2009
by Karen McVearry
MYTH: I cannot do a Reverse Mortgage because I already have a mortgage on my home.
Started by Karen / November 18, 2009 09:44AM
1 444
Last post on Nov 18, 2009
by Karen McVearry
MYTH: The money I receive from the Reverse Mortgage will adversely affect my Social Security and pension. In addition, it may put me into a higher tax bracket forcing me to pay more taxes.
Started by Karen / November 18, 2009 09:43AM
1 157
Last post on Nov 18, 2009
by Karen McVearry
MYTH: This is the loan where the bank lends you money and takes away your home when you die.
Started by Karen / November 18, 2009 09:41AM
1 162
Last post on Nov 18, 2009
by Karen McVearry