Reverse Mortgage Information

head_left_image

Robo Call Warning - Hang up on this call.

A friend of mine posted this comment on Facebook last night.  I trust him on this information and thought it would be good to pass on. 

"Had a scam attempted on me last evening. got a Robo call stating that my debit/credit cards have been revoked and to press 1 to contunue. so I pressed 1 The same robot asked for my card number... I hung up and called my Bank directly and as I knew no such thing had happened... just a heads up.."

 

Never give your personal information, account numbers or social security number over the phone unless you are 100% CERTAIN of the person on the other end.  

©  

 ButtonButton

 

By Deborah Nance

NMLS#202003

Your Local Southern California Reverse Mortgage Professional

How Much Do You Qualify For?

Click the Learn More Button below to email me a question.

Button

 

Equal Housing Lender

iReverse Home Loans, LLC, NMLS#810502 originates reverse mortgages in Alabama, Alaska, Arizona (MB-0919584), California, Colorado, Connecticut, Florida, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Minnesota, Mississippi, Missouri, Nevada, New Jersey, New Mexico, Ohio, Oregon (ML-5378), Pennsylvania, South Dakota, Tennessee, Texas, Utah, Vermont (1164-MB), Virginia, Washington and Wisconsin. 

Important Information: Reverse Mortgages are neither "endorsed" nor "approved" by the Federal Government. The FHA (Federal Housing Administration) provides certain insurance benefits for lenders and borrowers in connection with the lender’s HECM loans; the FHA does not make or originate loans. 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 loan 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, we strongly recommend that you consult with a qualified independent housing counselor, family members and other trusted advisers before making this decision. This website is not from HUD or FHA and was not approved by HUD or any government agency.

Comment balloon 2 commentsDeborah Nance • February 09 2011 11:25AM

Comments

Deborah, good warning to everyone.  The FTC has put a stop to robocallers for anything regarding debt or credit cards.  I would report that phone number to the FTC.

Posted by Pamela Seley, Residential Real Estate Agent serving SW RivCo CA (West Coast Realty Division) over 7 years ago

I have Time Warner Cable with Digital Phone, so the caller ID comes up on my TV.  If it's an inbound 800 number or other such number, I don't even answer it, but good advice anyway

Posted by Jim O'Donnell (Raleigh Cary Realty) over 7 years ago

This blog does not allow anonymous comments