07/09/2026
Take the scary part out of Reverse Mortgages - Call me today to schedule an appointment and with Certified Reverse Mortgage Professional - Rick R. Rodriguez -
🏡 Reverse Mortgage Myth vs. Fact
One of the most common things I hear is:
❌ "If I get a reverse mortgage, the bank will own my home."
The truth is...
✅ You always own your home.
A reverse mortgage works much like a traditional mortgage—you remain on title, and the lender simply has a lien against the property. As long as you continue to:
✔️ Live in the home as your primary residence
✔️ Pay your property taxes and homeowners insurance
✔️ Maintain the home
..the home is still yours.
I've had many homeowners tell me they ruled out a reverse mortgage because they believed this myth. Once they learned the facts, it completely changed the conversation.
That's why education is so important. There are a lot of misconceptions about reverse mortgages, and I'm on a mission to help separate fact from fiction.
What's the biggest reverse mortgage myth you've heard? Let me know in the comments.
