5 Reverse Mortgage Myths

Fact or Fiction?

Myth #1:

  • You lose your home
Fact: 
  • You retain the title to your home
Myth #2: 
  • It’s only for broke people
Fact:
  • Many retirees use reverse mortgage
Myth #3:
  • It’s free money
Fact: 
  • It’s a specialized loan
Myth #4:
  • My equity is safe
Fact: 
  • Your equity is subject to the housing market
Myth #5:
  • It’s not a safe program
Fact: 
  • FHA insured reverse mortgages are fully guaranteed

Jan Jordan is a Reverse Mortgage Specialist serving the Fort Collins, Loveland, Greeley, and Front Range areas of Colorado.  Click here to contact Jan and learn if reverse mortgage is right for you. 

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