The ridiculous talk applicable to HECM reverse mortgage is a result of demographics the candidate’s attributes

By admin

I have done some hearing the bad press affiliated to reverse mortgage pros and cons and the truth is that most of them talk about the product very wisftully, I can not help but wonder about whether this is down to of the demographics of the householders involved. Even though the much more rogue refinance mortgage companies have been brushed underneath the carpet and dispelled as a drossy cause of debate, reverse mortgages are now fully regulated by the Financial Services Authority yet always holds a lot of stigma about it.

The differences between the two? One is targeted at every one and the other is targeted toward 55+s. This age specific targeting, I believe, has caused the unfavourable press. Selling to the plus 55s has the similar connotations of helplessness that appears with with promoting unhealthy food to under 18s.

What agitates me is the fact that in most other industry or situation, mature people are thought of the sage of society

categoriaReverse Mortgage commentoNo Comments dataJanuary 22nd, 2010
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