Tips for Avoiding Reverse Mortgage Scams

Tips for avoiding reverse mortgage scams

Tips for Avoiding Reverse Mortgage Scams

  • Do not respond to unsolicited advertisements.
  • Be suspicious of anyone claiming that you can own a home with no down payment.
  • Do not sign anything that you do not fully understand.
  • Do not accept payment from individuals for a home you did not purchase.
  • Seek out your own reverse mortgage counselor.
Elder Protection Center