16.12.2015 Views

Myths and Facts - Z Reverse Mortgage

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‣ MYTH: If property values change, I can end up owing more than my home is<br />

worth <strong>and</strong> could potentially lose the home.<br />

‣ MYTH: I won’t be able to receive Social Security of Medicare payments<br />

anymore.<br />

‣ MYTH: I have to own my home outright if I want to do a reverse mortgage.<br />

‣ MYTH: My debt will transfer to my children.<br />

‣ MYTH: The lender can kick me out of my home.<br />

‣ MYTH: I won’t be the legal owner of my home.

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