Reverse mortgages are becoming popular in America. Reverse mortgages are
a special type of home loan that lets a homeowner convert the equity in his/her
home into cash. They can give older Americans greater financial security to supplement
social security, meet unexpected medical expenses, make home improvements, and
more.
If you are interested in a reverse mortgage, beware of scam artists
that charge thousands of dollars for information
that is free from HUD!
To report fraud or abuse in the reverse
mortgage program, call toll-free 1-800-358-6216. |