Favorable Reverse Mortgage Emotions
I had a bit of reservation and doubts and asked a lot of questions before I finally decided to sign up for a reverse mortgage loan. The reverse mortgage counselor I worked with was very patient and assisted me greatly, explaining in detail just what I was getting into. I look back now and laugh because I should have jumped on the wagon a long time ago. The reverse mortgage loan I took has given my retirement years a new meaning.
Aaron - California
I and my wife worked so had to accumulate the equity on our home. When we were both over 65 and retired it was a shame to see the house deteriorate because we could not meet up with repair and renovation expenses. Insurance and taxation costs were also a problem. We had problems taking care of our regular expenses along with my expensive medical ongoing treatment. A reverse mortgage loan was a gift from above. We do not even feel like debtors because we know it is our accumulated equity working for us.
Paul - Wisconsin
When my husband died I felt an overwhelming sadness. I was sad to lose a partner and also was sad that I had to give up the home he worked all these years to acquire. It was just too big and expensive for me to maintain. I dreaded having to move out from my home and leave all the memories behind to total strangers. Myhopes went flaying up after I saw the figures on a reverse mortgage loan calculator. I was really excited that I could access the accumulated equity we had on our home. I was able to keep our home and receive steady income to take care of me and my needs. I am truly grateful that my husband’s work was not in vain.
Maria - Tennessee
I heard it was President Regan who introduced reverse mortgage loans to help seniors in their years of retirement. I always thought he was one of the smartest Presidents this country ever had and now I am sure he is. A reverse mortgage loan saved me from having to move to my son’s basement. I retained my home and now receive steady income to cover my needs and my bills. I am not a burden to any one and can enjoy my last years in peace and relative comfort.
Ramon - Texas