One Reverse Mortgage - Henry Winkler - Take Control 1:20
Uploader Comments (OneReverse)
All Comments (13)
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BEWARE this is a Fonzie Scheme.
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@RubiTrack Think of it this way and maybe you will understand better. What is a traditional mortgage? It is a lender giving you money that is financed by the bank so that you can purchase a house, or refinance a house. A reverse mortgage is much the same thing, you are getting money but in this case it is based on the percentage of your home value. It is much like a traditional mortgage as it is a loan
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@OneReverse Yeah right, you sound like a scam artist who's ripping people off with reverse mortgage. Nice try scammer.
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I used to like Henry Winkler, but after I saw this scam he's doing, I hate the sorry son of a bitch. Reverse mortgage is just a nice way of saying "Let the bank steal your home"
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Look the Fonz is RL Trolling...
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@DBSpy1 We have found that people that tend to call a reverse mortgage a scam really have not investigated the program. Unlike traditional mortgages, a reverse mortgage requires an independent 3rd party counseling agency to talk the client through the whole concept, to make sure they understand the program. There are a lot of misconceptions regarding a reverse mortgage and I will happily discuss them with you if you have time.
Why does he say "Take control" when you're actually losing control. This sounds like Obama's bull.
RubiTrack 2 weeks ago
@RubiTrack How is one losing control? This program was set up during the Reagan administration. It has no party affiliation. I really would like to help you understand the program. I will admit, there is a lot of misconceptions that are around about the program itself, but once you understand what it is, it is really no different than a traditional mortgage.
OneReverse 2 weeks ago
Praying on the elderly....in hopes that when they die they can steal the home and deprive the inheritors of their would be inheritance. Don't sugar coat it.
RubiTrack 2 weeks ago
@RubiTrack It is a senior only program. It would be like saying AARP prays on the elderly since they have senior only programs. This is a program much like a 30 year fixed program. Nobody is preying on the elderly. You are required by law in a traditional mortgage to pay your property taxes and to also make sure you have insurance. It is heavily regulated by the government so as to not create the housing mess that occurred in the early 2000's. I think you are not understanding the program.
OneReverse 2 weeks ago