Why some people cringe when they hear the words “Reverse Mortgage”

Why some people cringe when they hear the words “Reverse Mortgage”
Why do some people cringe when they hear the words “Reverse Mortgage”? What is the stigma with these words? On the show today, Bruce talks about this issue and whey some people in the reverse mortgage industry think we should change the name of reverse mortgages to something else.
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Bruce Simmons

Bruce Simmons

I absolutely love what I do - working with senior homeowners to help them live a more comfortable, flexible and secure retirement. I have the absolute best customers in the world, and even though I worked in the forward mortgage business for a number of years, I could never go back to doing conventional loans. I'm a 100% reverse mortgage specialist.

Bruce Simmons

Bruce Simmons

I absolutely love what I do - working with senior homeowners to help them live a more comfortable, flexible and secure retirement. I have the absolute best customers in the world, and even though I worked in the forward mortgage business for a number of years, I could never go back to doing conventional loans. I'm a 100% reverse mortgage specialist.

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