Myths

Myths About Reverse Mortgages

Myth

  • You lose your home
  • It's only for broke people
  • It's free money
  • My equity is safe
  • It's not a safe program

Fact

  • You retain title to your home
  • Many retirees use a reverse mortgage
  • It's a specialized loan
  • Your equity is subject to the housing market
  • FHA insured reverse mortgages are fully guaranteed

Reverse Mortgage West
Owen Coyle
8975-403 Lawrence Welk Dr.
Escondido, CA 92026

Direct: 888-512-4306