Easily the most misunderstood loan in the country, the reverse mortgage gets far too much negative press. That press usually comes from companies that endorse forward mortgages, or individuals making assumptions that simply are not accurate.
The problem however is that people will listen to a friend or read a negative add on the internet and make assumptions without getting the black and white facts. The most recognizable criticism is how some lenders try and charge excessive fees.
Roy feels this is predatory, and as a result, he is ready and willing to compete-and-win any “fee-related” comparison with any lender in the country.