Scams targeting seniors

Scams targeting seniors While a person can become a victim of a scam at any age, the senior population is becoming more vulnerable to scammers. Seniors make good targets because they generally have good credit and accessible savings. Further, many seniors are alone or suffer from conditions like memory loss or frailty, which make seniors…

Scam Prevention. FDIC Issues Updates to Elder Scam-Prevention Program The government has always considered seniors a protected class, making sure they don’t get scammed and I am a big proponent of that myself. I have told my clients before to go put this money in a new bank you have never been to before because…

Unsure if a Reverse Mortgage is right for you?

Let us know and one of our experienced lending professionals will be happy to help you out.

Ask a professional

Licensing

Scott Underwoood #206339 #221195

Serving Birmingham, Huntsville, Mobile, Alabama, Georgia, Mississippi, and Tennessee.

nmlsconsumeraccess.org

Contact Us

Number:
(205) 908-2993
(256) 677-9767

More Links

Equal Housing Lender Expertise.com

**The owner(s) retain title to the property that is the subject of the reverse mortgage until the person sells or transfers the property and is therefore responsible for paying property taxes, insurance, maintenance and related taxes. Failing to pay these amounts or failure to maintain the condition of your property may cause the reverse mortgage to become due immediately. A reverse mortgage is a complex loan secured by your home. Whether such mortgage makes sense for you depends on your financial situation and needs. For these reasons, you are required to consult with a qualified independent housing counselor and include family members and other trusted advisers before making this decision. This information is not from HUD or FHA and was not approved by HUD or any government agency.

Scams targeting seniors

Posts Tagged ‘Scam Prevention’