News reviews about Reverse Mortgages are increasing daily. When you are reading these articles, consider the author (a columnist or a mortgage banker?), and again, research, research, research.
This article addressess the fine print of a Reverse Mortgage, and takes information from some very credible people: a mortgage banker, a director of Housing Options Provided for the Elderly, and an AARP representative.
It also includes an 800 # to search for an approved counselor.
Interesting Fact: The number of reverse mortgages has skyrocketed in recent years, to 107,000 in 2007 from 37,000 in 2004.
Additional important fact: During that time, housing prices nationwide have fallen in many areas. What that means to you is less money from your Reverse Mortgage. If you really think this program is for you, decide now.
Reverse Mortgages & Peace of Mind 
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