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re: Thinking of a Reverse Mortgage
Posted on 10/11/23 at 10:43 am to TorchtheFlyingTiger
Posted on 10/11/23 at 10:43 am to TorchtheFlyingTiger
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
Posted on 10/11/23 at 11:31 am to SDVTiger
In all seriousness, please enlighten me.
I'm not a HELOC fan and havent seen everyone here encpuraging them especially at current rates.
As for the technicality you could pay balance as you go, that's not what OP intends to do. He wants to pull equity to spend as I think most RM customers do.
I'm not a HELOC fan and havent seen everyone here encpuraging them especially at current rates.
As for the technicality you could pay balance as you go, that's not what OP intends to do. He wants to pull equity to spend as I think most RM customers do.
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