Financial & Investment Scams

Reverse Mortgage Scam

What is this scam?

Misleading offers or pressure to take out reverse mortgages under false pretenses, leading to loss of home equity.

Warning Signs

•High-pressure sales tactics, promises of free money, unclear terms and conditions, pressure to decide quickly

What to Do

✓Get free counseling from HUD-approved counselors. Read all documents carefully. Consult a lawyer. Never rush into reverse mortgages.

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