Facebook Pixel

Be Cautious with Reverse Mortgages

By Mike in with 0 Comments

With more and more people looking for ways to come up with money, there are some Downtown San Diego Condo owners considering reverse mortgages. While you can get a large sum of money through them, they can be complex and could be potentially very troublesome in the future.
In order to get some insight on the issue, the Los Angeles Times published Consumer bureau report raises concerns about reverse mortgages. The article reports that many older Americans who are trying to get a reverse mortgage are at risk.