Protecting Yourself from Scams
Older homeowners can be targets for scams, including misleading offers and high-pressure tactics. Awareness is key to avoiding problems (Investopedia, n.d.).
Increased oversight, mandatory counseling, and better borrower education are improving industry safety. Seniors should always verify lender credentials and understand costs before signing agreements.
Secure Lending Inc. follows ethical and transparent practices, connecting clients with certified counselors and providing education to protect your home, funds, and peace of mind.
References: Investopedia. (n.d.). Beware of these reverse mortgage scams. Retrieved from https://www.investopedia.com/mortgage/reverse-mortgage/scams/