Reverse Mortgage Solutions Mortgage Complaint

Reverse Mortgage Solutions Mortgage department,

Reverse mortgage Loan modification,collection,foreclosure New Jersey

Here is my story. Back in - of 2013, I was selling my house and having heard all the hype about Reverse Mortgages, I spoke to a representative from Reverse Mortgage Solutions in - Texas. He assured me that under a reverse mortgage the new house would be mine until the day I die. He told me I 'd never have to worry as long as my taxes were paid and my homeowner 's insurance is up to date. Concerned about my security, I asked repeatedly if the house really would be mine until I died and he reassured me over and over again that it would. Regretfully, I believed him. Big mistake! I signed all of the paperwork and moved into my new house. Please know that I am not as of yet dead yet, all of a sudden, just this week, I 'm getting notices from all kinds of attorneys informing me that my house is listed for foreclosure. I contacted my state senator, - -, to inform him of my dilemma. He in turn contacted the Attorney General of Consumer Affairs here in - who told him that it is illegal for reverse mortgages to be used


Mortgage Solutions is located in Texas, a suit ca n't be filed in -. The Attorney General of - then gave Senator - 's Office this link to be able to file a complaint with the - division of Consumer Affairs and am now contacting you, Consumer Affairs in -, to hopefully get justice. Reverse Mortgage Solutions in - - misinformed and scammed me in that I was never told : ( 1 ) that the reverse mortgage runs out when the equity runs out on the house, ( 2 ) never told me that it is illegal to purchase a home using a reverse mortgage ; had they informed me, I never would 've agreed to using a reverse mortgage. Now there are foreclosure proceedings initialized on my house because of all the lies and misinformation I fell victim to. Using my $95000.00. down payment was their one and only priority in drawing up the papers for a reverse mortgage and ( 3 ) TV advertisements as well as Reverse Mortgage Solutions stated that I would be able to receive monthly funds to help pay my bills yet even in the first year of my Reverse Mortgage, I called Reverse Mortgage Solutions to ask if I could get a little help financially to help pay some bills and was told that the parameters were not correct. I 'm still not sure exactly what that meant as no one seemed to be able to explain it to me. The only thing I was told by the Reverse Mortgage Solutions representative was to try and get help from a friend. Needless to say, I was never able to get a dime from my Reverse Mortgage, from Reverse Mortgage Solutions. I think it is very important for people to know what they are very possibly getting into if they decide to use a reverse mortgage. The pain and suffering this is causing me is beyond description. I am currently fighting - and would like to be able to get justice and to know that I 've been instrumental in informing the public of the blatantly unethical, non-professional and most deceitful program known as a Reverse Mortgage. I 'm hoping you can give me the justice I deserve. No one should have to endure this kind of - over the unsavory practices of Reverse Mortgage providers.