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    DAVE231's Avatar
    DAVE231 Posts: 91, Reputation: 9
    Junior Member
    		  
    #1

    Sep 19, 2006, 05:09 AM
    Reverse Mortgages
    I'm looking into reverse mortgages and think I understand it very well, but I would like to hear from anyone who has had an experience with them either good or bad. Thank you.
    Krs's Avatar
    Krs Posts: 2,906, Reputation: 320
    Ultra Member
    		  
    #2

    Sep 19, 2006, 05:13 AM
    http://www.ftc.gov/bcp/conline/pubs/homes/rms.htm

    Check this site out, hope it helps
    Krs's Avatar
    Krs Posts: 2,906, Reputation: 320
    Ultra Member
    		  
    #3

    Sep 20, 2006, 05:29 AM
    :) you're welcome
    DAVE231's Avatar
    DAVE231 Posts: 91, Reputation: 9
    Junior Member
    		  
    #4

    Sep 23, 2006, 07:37 AM
    Thanks Krs. Very helpful!
    ANGELES ALDAMA's Avatar
    ANGELES ALDAMA Posts: 8, Reputation: 1
    New Member
    		  
    #5

    Oct 11, 2006, 10:10 PM
    Quote Originally Posted by DAVE231
    I'm looking into reverse mortgages and think I understand it very well, but I would like to hear from anyone who has had an experience with them either good or bad. Thank you.
    What do you mean reverse mortgages?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #6

    Oct 12, 2006, 06:34 AM
    Quote Originally Posted by ANGELES ALDAMA
    what do you mean reverse mortgages?
    Umm you are a loan processor and don't know what a reverse mortgage is? The site KRS linked to explains it.
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