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re: Thinking of a Reverse Mortgage

Posted on 10/11/23 at 10:03 am to
Posted by TorchtheFlyingTiger
1st coast
Member since Jan 2008
2171 posts
Posted on 10/11/23 at 10:03 am to
quote:

Does this board not realize the loan is a HELOC on steroids
And no one has an issue with that loan despite it being the worst

So you're agreeing that reverse mortgages are a bad idea, like HELOCs?
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74939 posts
Posted on 10/11/23 at 10:43 am to
quote:

So you're agreeing that reverse mortgages are a bad idea, like HELOCs


No because its the best loan ever
Everyone on here loves HELOCs yet they are the worst

Its clear you have no idea how the loan works and are just the typical doom and gloom guy
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