Scam and Trust FAQ
FAQ on reverse mortgage scams, lender trust, and how to protect yourself from predatory sales tactics.
Trust and fraud questions answered directly. See our scam investigation guide for full detail.
Are reverse mortgages scams?
No. HECM reverse mortgages are FHA-insured loans. Scams involve fraud and misleading sales, not the regulated product itself.
Why do celebrities advertise reverse mortgages?
Lenders pay for endorsements. Ads often omit risks like growing loan balances and property-charge obligations.
Should I never trust reverse mortgage ads?
Treat ads as marketing. Verify with HUD counseling and independent research.
What is the most common reverse mortgage complaint?
CFPB data shows servicer contact issues are a leading complaint category.