My name is Michael Friedman and I am the owner of Reversing Pa Mortgage, LLC. For the past decade I have been educating hundreds of seniors on the benefits of the reverse mortgage program. I am local and meet with all of my clients in person. When we meet, I will review your situation, confirm your eligibility, and you will decide if a reverse mortgage is the right plan for you.
Incorrect information about reverse mortgages is widespread. Newspaper, magazine, and television reports about reverse mortgages are often significantly inaccurate. Do not get caught up in the TV advertising or big banks. They will have you believe you are getting the best possible deal. You are paying for their marketing/spokesperson. This is where mistakes happen. Do work with someone local who specializes in reverse mortgages ONLY. Just like a doctor who specializes in one particular field.
Consider a Reverse mortgage as a financial planning tool. Have a plan in place, be ready. “Seniors are living longer and running out of money”. Do not wait for a crisis-Prepare now! Remember, you do not have to have a mortgage on your property.