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Got hit with some unexpected charges on my reverse mortgage

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tchef42
tchef42 Original post
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[#209]

So, I recently helped my mom set up a reverse mortgage, seemed straightforward enough at first. But now we're seeing these random fees popping up that weren't exactly clear upfront...kinda frustrating. Has anyone else run into something similar?


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19 posts

Yeah, reverse mortgages can be sneaky like that... Did they hit you with servicing fees or was it more like appraisal and closing costs? Sometimes lenders bury those details in the fine print - been there myself, unfortunately.


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