If you're here because a parent is considering a reverse mortgage, that instinct to understand it first is the right one. This page covers what to know, what to ask, and how to tell a legitimate HECM from a predatory pitch — so your family can make this decision with full information, together.
If a lender is trying to skip or rush past the required counseling session, that's a warning sign, not a convenience.
Understand what options exist for the family when the loan becomes due — repay, sell, or let the lender settle it.
Be cautious of reverse mortgages pitched alongside an investment, annuity, or expensive contractor project.
A legitimate advisor welcomes family involvement in consultation calls. Reluctance to include you is worth questioning.
Every HECM requires independent, HUD-approved counseling before closing — this exists specifically to protect borrowers.
Be wary of any pitch pressuring a quick decision, especially if it's paired with a home repair sales pitch.
A trustworthy advisor is glad to have you on the call, not defensive about your questions.
See the complete Florida reverse mortgage guide before your family's next conversation.
Read the Full Guide →Private consultation with Kelly or Ray Nadeau, with your parent and family included. Straight answers, no pressure — no obligation.
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