GET IT RIGHT ABOUT REVERSE MORTGAGES!!!!

Yep, it’s true, there are some pretty significant fee’s associated with reverse mortgages. As compared to “forward” mortgages, these fees seem out of character and have all the elements of STICKER SHOCK!

But, let’s get some clarity. All the barking in the press about the fees is usually unbalanced and doesn’t measure the extreme and sometimes life saving benefits brought to our senior borrowers. These seniors are saved, yes saved, from having to choose between moving out, paying for medicine, and even loosing their homes because taxes and other housing expenses have gone through the roof. Yep, the fees are there, however, protecting their golden years in a dignified way trumps all the mis-characterization’s about fees. FEE’S SCHMEES!

Uncle Bee