Tell the world what you think about reverse mortgages.
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reverse mortgages make me smile.

The Emotions Revealed Program was designed to help seniors make better reverse mortgage decisions.

We have created an avenue for seniors to freely
make public their views on reverse mortgages.

Their feelings, experiences and thoughts are captured and then made public on our website. Other seniors can go through them and get an insight to what others have to say about reverse mortgages.  

find the information you seek about reverse mortgage loans.
 

About Emotions Revealed Program 

The Emotions Revealed Program was designed to help seniors make better reverse mortgage decisions. We have created an avenue for seniors to freely make public their views on reverse mortgages. Their feelings, experiences and thoughts are captured and then made public on our website. Other seniors can go through them and get an insight to what others have to say about reverse mortgages.  

Reverse mortgage loans are a special kind of mortgage loans. The loans are designed to help seniors access the accumulated equity in their homes and derive a regular income from it. Reverse mortgage loans are only available to seniors aged from 62 years and above. The seniors must have a home on which they have completed paying its’ mortgage or have paid off a substantial part of.  

Reverse mortgage loans can be received as fixed monthly income, an open line of credit or a combination of both. The funds from the loan are available to the senior to do as they wish. They can use it to pay for insurance, taxation and repair costs on the home. It can also help cover medical bills, vacation bills and to supplement their pension check.  

Reverse mortgage loans are helpful as they are easier to qualify for than regular loans. The credit score, income status or debt/income ratio does not matter at all with a reverse mortgage loan. The senior also does not even have to repay the loans as long as they remain in the home. So seniors can enjoy the funds and not bother about repayment as long as they are alive and reside in the home.  

A lot of people however continue to argue that this loan program does not provide the best credit option open to seniors. Many say it gradually eats away the seniors claim on their home which is usually their main asset of value, saying that this feature cannot be a good thing.  

Seniors should feel free to look through the emotions and thoughts sent by other seniors. We would also appreciate to get your thought and opinion on reverse mortgage too.