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re: IS A REVERSE MORTGAGE A GOOD IDEA? Need Help deciding

Posted on 9/26/23 at 9:08 pm to Oneulus
Posted by LatinTiger30
New Orleans
Member since Oct 2007
4431 posts
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Posted on 9/26/23 at 9:08 pm to Oneulus
Never! If the lender default and they do a lot, you'll lose it all.

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Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74306 posts
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Posted on 9/27/23 at 7:33 am to LatinTiger30
quote:
Never! If the lender default and they do a lot, you'll lose it all.


What? The loan is insured and guaranteed by HUD

So this cannot happen
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