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ReverseMortgageDirect

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Overview

ReverseMortgageDirect has a rating of 1 star from 1 review, indicating that most customers are generally dissatisfied with their purchases. ReverseMortgageDirect ranks 94th among Mortgages sites.

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Top Critical Review

“I think reverse mortgages are bad for most seniors”

Jack O.
5/31/13

I think reverse mortgages are bad for most seniors. The fees and expenses are too high and there is too much risk they will lose their home. Any senior or family considering a reverse mortgage should read all these articles first: http://money.usnews.com/money/blogs/On-Retirement/2012/12/11/5-reasons-to-avoid-a-reverse-mortgage http://www.nytimes.com/2012/10/15/business/reverse-mortgages-costing-some-seniors-their-homes.html?pagewanted=all&_r=0 http://online.wsj.com/article/SB****************************564.html

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Jack O.
2 reviews
12 helpful votes
“I think reverse mortgages are bad for most seniors”
May 31st, 2013

I think reverse mortgages are bad for most seniors. The fees and expenses are too high and there is too much risk they will lose their home. Any senior or family considering a reverse mortgage should read all these articles first:
http://money.usnews.com/money/blogs/On-Retirement/2012/12/11/5-reasons-to-avoid-a-reverse-mortgage
http://www.nytimes.com/2012/10/15/business/reverse-mortgages-costing-some-seniors-their-homes.html?pagewanted=all&_r=0
http://online.wsj.com/article/SB****************************564.html

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