When it comes to the subject of the government insured Reverse Mortgage program, many folks feel the same way. Although, the fact of the matter is, this is one of those very rare instances where they may have gotten it right. I hope you were sitting for that comment!
The problem with Reverse Mortgages is not with what they do, it’s with what the rumors are that people believe they do. Fears of losing your home, getting kicked out at the hands of dear old Uncle Sam and many other misconceptions fuel some rather unnecessary worries about this program.
We are fortunate to have Mike Kennedy of iReverse Home Loans as my guest this week. He is a long time veteran of the reverse mortgage industry and will lend his vast experience to our discussion of the realities and common myths regarding this very valuable product. We will cover things like:
- What exactly is a reverse mortgage
- Who is eligible to have one
- Why would anyone want one
- Realities and common myths
- How much do they cost
- Who pays the bills
To get Mike’s expert information and make a decision for yourself, just listen in live on Wednesday, 9/7/16 at 9:30am EDT by clicking the headline below. You can also listen to a recorded version anytime after the show has aired by clicking this same link.
Wicked Insurance Matters with Greg Durette: The Truth About Reverse Mortgages
If you have any questions for Mike, he can be reached at his office at 508-646-4351 or toll free at 800-486-8786 ext.782 or via email at [email protected].