Podcasts about movement mortgage

Most mortgage professionals have no idea how many critical housing decisions are being made behind closed doors in Washington, D.C.While most of us are focused on rates, inventory, and closing loans, there are people working every day on Capitol Hill to influence the policies that will shape the future of homeownership, housing affordability, and mortgage lending.One of those people is Justin Wiseman.As the Mortgage Bankers Association's leading voice in Washington, Justin is in the room where many of these conversations happen. In this episode of Laugh, Lend & Eat, we discuss:• Why housing affordability has become a national political issue• What Congress is doing about housing supply• The Road to Housing Act and what it could mean for consumers• The regulatory issues mortgage professionals should be watching• How policy decisions made in D.C. ultimately impact borrowers and lenders across AmericaWhether you're a mortgage professional, Realtor, industry executive, or simply someone who cares about the future of housing, this conversation provides an inside look at what's happening in our nation's capital.Who's fighting for you in Washington, D.C.?Justin Wiseman. That's who.

Brian Koss, Regional Manager, Movement Mortgage. Key Highlights: 80% of borrowers forget their loan officer within 2-3 years; generic drip campaigns are dead; your database is either an annuity or a graveyard; and the best loan officers don't sell loans—they manager debt for life.

Many retirees spend decades building equity in their homes. But could that equity become a wise tool for stewardship in the next season of life? For many people, the words reverse mortgage raise immediate concerns. Some of those concerns come from outdated information, past abuses, or even a sense of guilt about taking on debt later in life. But is it possible that some retirees have dismissed this option too quickly? Harlan Accola, who leads the reverse mortgage team at Movement Mortgage, joined the show today to help separate myth from reality and explain how today's reverse mortgages may fit into a broader financial plan for some homeowners. Why Reverse Mortgages Have a Stigma Reverse mortgages have carried a strong stigma for years, and according to Accola, some of that reputation was deserved. In the past, there were bad products, bad actors, weak regulation, and not enough consumer protections. Those stories have been passed down through families, churches, and communities, shaping the way many people think about reverse mortgages today. But Accola says today's reverse mortgages are very different, especially when handled by qualified professionals and governed by stronger safeguards. Much of the fear surrounding reverse mortgages is based on outdated information. Many people assume that taking out a reverse mortgage means losing ownership of their home. But that is not how the product works. A reverse mortgage is simply a lien on the property. The homeowner does not lose ownership of the home, and monthly payments are not required. Instead, the loan is repaid later, usually when the borrower sells the home, moves out, or passes away. That distinction matters because many retirees may be making decisions based on fear rather than accurate information. Is All Debt Bad Debt? Another common concern is that reverse mortgages are simply “bad debt.” But Accola points out that not all debt functions the same way. Most people would not have been able to build wealth through homeownership if they had waited until they could pay for their first house in cash. A traditional mortgage often allows families to purchase a home, build equity, and create long-term stability. Of course, some debt can be dangerous. Credit card debt, high-interest loans, and unnecessary consumer debt can quickly become burdensome. Proverbs 22:7 reminds us, “The rich rules over the poor, and the borrower is the slave of the lender.” That warning should lead us to approach debt with humility and caution. But a reverse mortgage is different from many other forms of debt because it does not require mandatory monthly payments. That feature may provide flexibility for retirees who are trying to manage cash flow, reduce pressure on investment accounts, or remain in their homes without selling. This does not mean a reverse mortgage is right for everyone. It simply means the question should not be answered by fear or assumptions alone. The better question is whether this tool serves wise stewardship in a specific family's situation. Why Some Christians Feel Guilty For many believers, the hesitation is not only financial—it is spiritual. Some Christians have heard the message that being debt-free automatically makes someone more faithful or responsible. While there is great wisdom in eliminating unnecessary debt, that does not mean every form of debt is morally the same. Accola notes that many retirees still carry mortgage debt into retirement. In fact, many homeowners reach retirement age without having paid off their homes entirely. Others may own their homes but need additional income flexibility. In those situations, shame can become a barrier to wisdom. A retiree may think, “I should have done better,” or “I must not be faithful if I still have a mortgage.” But Scripture does not call us to make financial decisions out of guilt. It calls us to wisdom, prayer, counsel, and trust in God. Stewardship is not about maintaining the appearance of financial success. It is about faithfully managing what God has entrusted to us in this season. For some families, using home equity may be a prudent option. For others, it may not be. But either way, the decision should be made with clarity, not shame. A Tool, Not a One-Size-Fits-All Solution A reverse mortgage should never be treated as a magic solution. It is a financial tool, and like any tool, it can be used wisely or unwisely. For some retirees, it may create breathing room in the budget. It may help them stay in their home. It may reduce the need to sell investments during a market downturn. It may also allow them to preserve other assets for longer. But there are also important considerations. Borrowers need to understand the costs, long-term implications, effect on heirs, and responsibilities that remain with the homeowner, such as taxes, insurance, and maintenance. That is why wise counsel is essential. Proverbs 15:22 says, “Without counsel plans fail, but with many advisers they succeed.” A reverse mortgage decision should involve qualified professionals, trusted family members, and careful prayer. It should also be considered as part of a broader retirement plan, not in isolation. Don't Decide Based on Fear or Rumors Accola's encouragement to listeners was simple: do not make financial decisions based on fear, rumors, or guilt. Instead, get accurate information. Talk with people you trust. Seek guidance from professionals who understand how reverse mortgages work today. And when appropriate, involve your family so they understand your thinking and your goals. A reverse mortgage is not right for everyone. But for some retirees, it may be a helpful part of a broader stewardship strategy. The key is understanding your options. Faithful stewardship does not mean refusing to consider every financial tool. It means asking wise questions, seeking trustworthy counsel, and making decisions that help you manage God's resources with humility and care. For homeowners in retirement, that may include taking a fresh look at home equity—not as a source of security, but as one possible tool to support faithful living in the next season. Learn More If you'd like to learn more about whether a reverse mortgage could be a wise option for your situation, visit FaithFi.com/Movement. Movement Mortgage serves families in all 50 states and can help you understand how today's reverse mortgages work, what safeguards are in place, and whether this tool may fit into your broader financial plan. That's FaithFi.com/Movement. On Today's Program, Rob Answers Listener Questions: I'm 31 and own five properties. I've renovated some myself and built significant equity, but most of my cash is tied up in the homes. Should I sell some properties to free up capital, or hold them, do cash-out refinances, rent them out, and benefit from appreciation and loan paydown? How should I decide between flipping and becoming a landlord? I'm 64 and still working. Because of our income, my wife and I are limited in how much we can contribute to Roth IRAs. I've heard about the backdoor Roth strategy. How does that work, and can the nondeductible IRA contribution go into an existing traditional IRA, or should it be a separate account? I'm trying to pay down my mortgage and a small loan faster. Is it better to make small extra principal payments each month or one larger principal payment once a year? Does it make much difference? I'm 72 and had about $31,000 in credit card debt. After years of disability and financial strain, I called Christian Credit Counselors and started a debt management plan. Now I'm on track to be debt-free in five years, have more usable income each month, and feel encouraged enough to give again. Is it normal to feel this much relief after starting a plan? I'm 61, married, and planning to retire at 67. I have an old employee trust fund with about $8,378 earning 7.5%, plus a traditional IRA with about $3,823. My husband thinks I should roll the trust fund into my IRA. Is that a good idea, especially since it's currently earning 7.5%? Resources Mentioned: Faithful Steward: FaithFi's Quarterly Magazine (Become a FaithFi Partner) Christian Credit Counselors Movement Mortgage Our Ultimate Treasure: A 21-Day Journey to Faithful Stewardship by Rob West Wisdom Over Wealth: 12 Lessons from Ecclesiastes on Money Look At The Sparrows: A 21-Day Devotional on Financial Fear and Anxiety Rich Toward God: A Study on the Parable of the Rich Fool Find a Certified Kingdom Advisor® (CKA) FaithFi App Remember, you can call in to ask your questions every workday at (800) 525-7000. Faith & Finance is also available on Moody Radio Network and American Family Radio. You can also visit FaithFi.com to connect with our online community and partner with us as we help more people live as faithful stewards of God's resources. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Today's episode includes a discussion on if future Federal Reserve rate hikes are warranted. Plus, an interview with Rob Chrisman and Movement Mortgage's Lyra Waggoner on breaking into mortgage banking, what it actually takes to run a lender day-to-day, and thinking differently about building careers, culture, and long-term success. The episode closes with a look ahead to this week's economic calendar, including +105k expectations for May payrolls.Thank you to Experian Verify, a comprehensive income and employment verification solution for mortgage lenders. By uniting instant payroll data, permissioned access, and research verification in one seamless experience, Experian Verify helps lenders reduce friction, accelerate decisions, and confidently verify every U.S. worker.The Chrisman Commentary is your go-to daily mortgage news podcast, where industry insights meet expert analysis. Hosted by Robbie Chrisman, this podcast delivers the latest updates on mortgage rates, capital markets, and the forces shaping the housing finance landscape. Whether you're a seasoned professional or just looking to stay informed, you'll get clear, concise breakdowns of market trends and economic shifts that impact the mortgage world.

In today's episode, we look at the prevalence of various programs to qualify more borrowers for homes. Plus, Movement Mortgage's Lyra Waggoner interviews Rob and Robbie on a listener mailbag list of topics. And we close by examining the macro economic narrative after a large slate of data.Welcome to The Chrisman Commentary, your go-to daily mortgage news podcast, where industry insights meet expert analysis. Hosted by Robbie Chrisman, this podcast delivers the latest updates on mortgage rates, capital markets, and the forces shaping the housing finance landscape. Whether you're a seasoned professional or just looking to stay informed, you'll get clear, concise breakdowns of market trends and economic shifts that impact the mortgage world.Thank you to Figure. Figure is shaking up the lending world with their five-day HELOC, offering borrower approvals in as little as five minutes and funding in five days. Figure has hundreds of partners in the Banking, Credit Union, Home Improvement, and of course, IMB space embedding their technology. 

For many retirees, their home is their largest asset. Yet in countless financial plans, that asset is treated as if it barely exists.  Retirement conversations often focus on Social Security, pensions, IRAs, and investment accounts while overlooking the value built up in a home over decades. On today's episode of Faith and Finance, Harlan Accola of Movement Mortgage joins to discuss why home equity may deserve a more thoughtful place in retirement planning—and how a reverse mortgage, when used wisely, can become one tool among many. The Overlooked Asset in Many Retirement Plans According to Harlan, many planning tools display home equity on paper but treat it as untouchable. In practice, that means one of a retiree's largest resources is often ignored. Why does this happen? Sometimes, advisors are not trained to incorporate home equity strategically. Other times, people assume reverse mortgages are only for emergencies or financial distress. But that perspective may miss an important opportunity. Harlan describes home equity as a potential third bucket alongside income sources and investment accounts. Instead of relying only on withdrawals from retirement savings, some retirees may be able to use home equity strategically to reduce pressure on their portfolio. That can be especially helpful during market downturns or in years when withdrawing from investments would be less advantageous. The idea is not to replace investments or income, but to strengthen the overall plan by considering every available resource. More Than Monthly Cash Flow When people hear “reverse mortgage,” they often think only about immediate cash needs. But strategic planning can involve much more than that. Harlan noted that incorporating home equity may create flexibility in several areas, including: Timing withdrawals from retirement accounts Managing taxable income in retirement Deciding when to begin Social Security Planning for long-term care needs Preserving investment assets longer These decisions can significantly impact long-term financial outcomes. What About Leaving an Inheritance? One common concern is whether using home equity will leave nothing to pass on. Harlan explained that many families are surprised to learn that this is not always the case. Depending on appreciation, spending patterns, and the overall plan, some home equity may remain. In some scenarios, overall net worth may even improve because other assets were preserved. Of course, every situation is different, which is why personalized analysis matters. A Biblical Perspective on Stewardship Scripture reminds us, “Moreover, it is required of stewards that they be found faithful” (1 Corinthians 4:2). Faithful stewardship means wisely managing everything God has entrusted to us—including assets we may be tempted to ignore. A home is more than shelter. It can also be a financial resource that, when handled prudently, helps provide stability, reduce burdens on loved ones, and create greater freedom for generosity. That does not mean a reverse mortgage is right for everyone. But it does mean it may be worth understanding before dismissing it. Consider the Whole Picture Wise planning begins by asking better questions. Instead of assuming home equity should remain untouched, consider whether it has a role in your broader financial strategy. If you'd like to explore how reverse mortgages fit into retirement planning, learn more from our trusted partners at Movement Mortgage at FaithFi.com/Movement.  On Today's Program, Rob Answers Listener Questions: Is there any truth to ‘Sell in May and go away'? When is a good time to sell a winning stock, and should I still add to precious metals at current prices? I heard you mention a gold ETF. What is it, and do you recommend one for someone new to investing? Our HSA was supposed to transfer to a new bank, but the funds still aren't available, and my medical bill is increasing. What should we do? My dad is retiring with home equity but significant credit card debt. Would a reverse mortgage be a wise way to pay it off? Resources Mentioned: Faithful Steward: FaithFi's Quarterly Magazine (Become a FaithFi Partner) Movement Mortgage Sound Mind Investing (SMI) Our Ultimate Treasure: A 21-Day Journey to Faithful Stewardship by Rob West Wisdom Over Wealth: 12 Lessons from Ecclesiastes on Money Look At The Sparrows: A 21-Day Devotional on Financial Fear and Anxiety Rich Toward God: A Study on the Parable of the Rich Fool Find a Certified Kingdom Advisor® (CKA) FaithFi App Remember, you can call in to ask your questions every workday at (800) 525-7000. Faith & Finance is also available on Moody Radio Network and American Family Radio. You can also visit FaithFi.com to connect with our online community and partner with us as we help more people live as faithful stewards of God's resources. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

All links and images can be found on CISO Series This week's episode is hosted by David Spark, producer of CISO Series and Michelle Wilson, CISO, Movement Mortgage. Joining is sponsored guest Rob Allen, chief product officer, ThreatLocker. This show was recorded in front of a live audience at ThreatLocker's conference, Zero Trust World 2026. In this episode: Risk as a daily habit AI agents talking to AI agents The code on the lock Words that shape decisions A huge thanks to our sponsor, ThreatLocker ThreatLocker makes Zero Trust practical. With Default Deny, Ringfencing, and Elevation Control, CISOs get real control that's easy to manage and built to scale. Stop threats before they execute and reduce operational noise without adding complexity. See how simple prevention can be at ThreatLocker.com/CISO.

In this episode, hosts sit down with Stephen Phelan, Chief Spiritual Integration Officer at Faith-Driven Entrepreneur, to unpack a powerful idea: what if business wasn't just about profit—but about people? Stephen shares the story behind Movement Mortgage and how a bold vision during the 2008 financial crisis led to a company built on love, purpose, and impact. From redefining leadership to transforming communities through education and service, this conversation challenges the way we think about success in business. If you've ever wondered how faith, purpose, and entrepreneurship can actually work together—this one hits deep. Core Takeaways Love can be operationalized in business — it's not just a feeling, it's systems and structure Great companies meet human needs, not just market needs Purpose scales culture faster than profit ever will You don't have to separate faith and business—but you also don't force it Real leadership development happens outside comfort zones Generosity + boundaries (financial finish lines) unlock impact The 4 Needs of the Human Heart (Framework) Help in crisis – People want support when life hits hard Friends at work – Belonging and relationships matter Purpose – People want their life and work to mean something Faith / deeper meaning – An opportunity to explore something bigger Notable Quotes “We exist to love and value people.” “If your teammates thrive, your business will thrive.” “Don't run from broken systems—redeem them.” “Set a financial finish line. Decide what ‘enough' looks like.” “Put people on a plane. That's the best leadership development.” Calls to Action Reflect: What's your business really built on—profit or people? Identify one way you can serve your local community this month Share this episode with another entrepreneur or leader Leave a rating/review if this conversation impacted you  

Is mortgage marketing actually broken — or is the real problem leadership?Fobby sits down with two of the sharpest fractional CMOs in the mortgage space, Bri Lees and Lauren Dobie, to have the conversation most internal marketing teams can't have in front of their CEO.They get into:→ Why most mortgage marketing is still stuck in 1989→ Company brand vs. loan officer brand — who wins borrower trust?→ Why marketing departments are set up to fail before they even start→ What loan officers are getting wrong on social media→ The one thing Movement Mortgage figured out that no one else has→ What a real marketing infrastructure inside a lender actually looks likePlus: Nexa's residual income play, the Blend CEO controversy, trigger leads, and Justin's flyers.

Reverse mortgages often trigger strong reactions—especially among believers who want to honor God with their finances. But are those reactions grounded in biblical wisdom…or outdated information? When it comes to debt and home equity, emotions can run high. Yet Scripture calls us to something deeper than instinct—it calls us to understanding. As Proverbs 19:20 reminds us, “Listen to advice and accept instruction, that you may gain wisdom in the future.” To help bring clarity to this often misunderstood topic, Harlan Accola—who leads the reverse mortgage team at Movement Mortgage—joins the show today to separate fact from fiction. Why Reverse Mortgages Carry So Much Stigma For many people, the phrase reverse mortgage immediately raises red flags. And to be fair, some of that concern is rooted in history. As Harlan Accola explains, earlier versions of these loans—and in some cases, unethical practices—damaged trust. Like many industries, there were bad actors who misused the product and took advantage of seniors. But today's reverse mortgage is very different. Modern reverse mortgages are federally regulated through the Federal Housing Administration (FHA) and include strong consumer protections designed specifically for older homeowners. Still, misinformation persists—often passed along by well-meaning friends, family members, or even within church communities. That's why biblical wisdom matters here. We're called not just to react, but to understand. Not All Debt Is the Same One of the biggest misconceptions about reverse mortgages is that they're simply another form of dangerous debt. But as Harlan points out, not all debt functions the same way. Traditional consumer debt—like credit cards or auto loans—requires monthly payments. Miss those payments, and the consequences can quickly escalate, creating stress and financial strain. A reverse mortgage, however, works very differently: There are no required monthly principal or interest payments The homeowner must continue paying property taxes and insurance The loan is non-recourse, meaning the borrower will never owe more than the value of the home That final point is key. If the home's value declines, the borrower (or their heirs) is not personally responsible for the difference. As Harlan emphasizes, understanding the mechanics of a financial product is essential before comparing it to others—or dismissing it altogether. A Practical Scenario: When Cash Flow Becomes a Struggle Harlan highlights a situation that's becoming increasingly common. Many homeowners in their 60s and 70s have built substantial equity—but still carry monthly mortgage payments. In fact, a significant number of Americans over 62—and even over 75—are still making those payments. When unexpected expenses arise—a roof repair, a broken water heater—many turn to high-interest credit cards to cover the gap. This is where a reverse mortgage may offer relief. By eliminating a monthly mortgage payment, it can: Improve monthly cash flow Reduce reliance on high-interest debt Lower financial stress Harlan also notes that this added margin can even open the door to greater generosity—freeing individuals to steward their resources more intentionally. A Stewardship Lens: Discernment Over Reaction For Christians, financial decisions are never just about numbers—they're about faithfulness. That means we shouldn't reject or embrace any financial tool without first understanding it. Wisdom requires discernment, not assumptions. Reverse mortgages aren't right for everyone. But as Harlan Accola reminds us, decisions should be based on accurate information—not outdated fears. As Proverbs 19:20 encourages us, listening, learning, and seeking wise counsel is part of faithful stewardship. Learn More If you'd like to better understand reverse mortgages or explore whether one might fit your situation, you can learn more at FaithFi.com/Movement. Taking time to understand your options isn't just practical—it's a step toward stewarding God's resources with wisdom and care. On Today's Program, Rob Answers Listener Questions: I'm building a home on land I already own and have about $150,000 saved—roughly half the cost. Should I use a construction loan or a traditional mortgage, and how does that process work? I'm 53 and hope to retire in about four years. I'm in good financial shape, but don't have a financial advisor or a will. How do I find a trusted advisor, and what should I look for in how they're paid and whether they're a fiduciary? Is it wise to use about 25% of my retirement savings to remodel my home if it could increase its value? Resources Mentioned: Faithful Steward: FaithFi's Quarterly Magazine (Become a FaithFi Partner) Movement Mortgage Our Ultimate Treasure: A 21-Day Journey to Faithful Stewardship by Rob West Wisdom Over Wealth: 12 Lessons from Ecclesiastes on Money Look At The Sparrows: A 21-Day Devotional on Financial Fear and Anxiety Rich Toward God: A Study on the Parable of the Rich Fool Find a Certified Kingdom Advisor (CKA) FaithFi App Remember, you can call in to ask your questions every workday at (800) 525-7000. Faith & Finance is also available on Moody Radio Network and American Family Radio. You can also visit FaithFi.com to connect with our online community and partner with us as we help more people live as faithful stewards of God's resources. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Homes hold memories. They hold family history, meaning, and for many, a lifetime of love. But as we age, the very places that once felt secure can quietly become harder—and riskier—to live in. Most homes in the U.S. were never designed for aging bodies. Yet many older adults feel emotionally and financially locked in. The result? Families delay important housing decisions until a crisis forces change. Today, we were joined by Harlan Accola, who leads the reverse mortgage team at Movement Mortgage, about a lesser-known option that may help older adults move into safer homes—without taking on new required monthly payments. The Hidden Danger: Falls at Home Falls are far more common—and costly—than most people realize. Roughly 30 million older Americans fall each year. About one in five of those falls results in serious injury, often leading to hospitalization. The direct medical costs alone total nearly $50 billion annually. But the emotional and lifestyle costs for families can be even greater. What's sobering is where these falls happen. Not in extreme situations—but in ordinary places: Stairways Bathrooms Entryways Narrow hallways These everyday features become obstacles as mobility changes. Why So Many Homes Don't Fit Aging Adults Most homes were built decades ago for young families in different stages of life. Only a small percentage include basic accessibility features such as: Step-free entries Main-floor bedrooms Main-floor bathrooms Wider doorways and hallways As a result, stairs, tubs, and tight spaces often push older adults toward assisted living or nursing homes—not because they want to move, but because their homes no longer support their safety. Why Many Families Feel “Stuck” Even when homeowners recognize their house isn't ideal anymore, they often hesitate to move. There are two major reasons: 1. Emotional Attachment This is the home where children were raised, and milestones were celebrated. Letting go isn't easy. 2. Financial Lock-In Many retirees either: Have very low mortgage rates (2–3%), or Own their homes outright They worry that selling means taking on a new mortgage payment—something they might regret later in life. So they stay…often until something goes wrong. A Little-Known Option: Reverse Mortgage for Purchase Many people assume a reverse mortgage is only for accessing equity in their current home. But there's another option: using a reverse mortgage at the point of purchase. Here's how it can work: A homeowner sells their current home. They use the proceeds to purchase a new, safer home. A reverse mortgage helps cover the difference. For example: Sell a $300,000 home. Purchase a $500,000 home. Use a $200,000 reverse mortgage for purchase. The key distinction? No required monthly mortgage payments for as long as the homeowner lives in the home. That opens the door to: Newer construction Energy-efficient homes Low-maintenance properties Better design for aging in place A Shift in Thinking: Prevention, Not Reaction One of the wisest principles in Scripture is found in Proverbs 27:12: “The prudent see danger and take refuge.” Housing decisions in later life should reflect that kind of prudence. Rather than waiting for: A fall A wheelchair A medical emergency Families can proactively ask: How can we use the housing wealth we've built to improve safety and quality of life—while we're still healthy? When purchasing a home for the “fourth quarter” of life, it shouldn't just be your best home—it should be your safest home. Stewarding Home Equity Wisely Interestingly, two-thirds of retirees still carry a mortgage. Even when downsizing, some may still need financing. A reverse mortgage for purchase can allow retirees to: Avoid required monthly payments Preserve some cash for investments or future needs Move into a safer home Maintain flexibility Like any financial tool, it isn't right for everyone. But for some families, it may provide a path forward they didn't realize existed. Moving Forward Housing is more than real estate—it's stewardship. It's about safety, dignity, and wise preparation for the season ahead. If you'd like to learn more about whether a reverse mortgage for purchase could fit your situation, you can explore your options at Movement.com/Faith. As with any major decision, seek wise counsel, pray for clarity, and take steps not just to protect your assets—but to protect your well-being. On Today's Program, Rob Answers Listener Questions: My grandfather set up 529 plans for my two older kids. If there's money left after they graduate, can I transfer it to my younger daughter? And once she's finished, could I split any remaining funds into separate accounts for each child's future family? I often hear advice to put 10% into precious metals for retirement. What's your take—and is there a biblical perspective on that? Also, in retirement, when we're living off savings, how should we think about tithing? Do we give 10% of what the nest egg produces? After caring for my mom and losing my job, I'm nearly 50, $15,000 in debt, facing eviction, and starting over with no savings. What should I prioritize first? My wife and I are newly married and plan to live full-time in an RV for ministry. We'll live on my retirement income and use the remainder for spending. Should we manage that with cash, debit, or credit? Resources Mentioned: Faithful Steward: FaithFi's Quarterly Magazine (Become a FaithFi Partner) Movement Mortgage Tithing: A Fresh Look at an Ancient Practice (Article by John Cortines in Faithful Steward, Issue 3) Christian Credit Counselors Our Ultimate Treasure: A 21-Day Journey to Faithful Stewardship Wisdom Over Wealth: 12 Lessons from Ecclesiastes on Money Look At The Sparrows: A 21-Day Devotional on Financial Fear and Anxiety Rich Toward God: A Study on the Parable of the Rich Fool Find a Certified Kingdom Advisor (CKA) FaithFi App Remember, you can call in to ask your questions every workday at (800) 525-7000. Faith & Finance is also available on Moody Radio Network and American Family Radio. You can also visit FaithFi.com to connect with our online community and partner with us as we help more people live as faithful stewards of God's resources. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Mortgage rates have shifted dramatically in recent years, leaving many homebuyers and homeowners wondering: What is "normal" now? In this episode of Something More with Chris Boyd, Chris is joined by Jeff Perry, Russ Ball, and special guest Donna McKeown, Senior Loan Officer at Movement Mortgage, to break down the current mortgage landscape. We discuss where rates stand today, why expectations have changed, and how to approach refinancing decisions. Donna shares expert insights on points, adjustable vs. fixed rates, jumbo loans, and the impact of student debt on mortgage approvals. Plus, we explore practical tips for first-time buyers, when to start the conversation with a lender, and why "marry the house, date the rate" might be the smartest advice in today's market. Whether you are buying, refinancing, or just curious about trends, this episode offers clarity and actionable guidance. #MortgageRates #HomeBuyingTips #Refinancing #RealEstateFinance #MortgageAdvice #FinancialPlanning #HousingMarket #WealthManagement #InterestRates #SmartMoneyMoves For more information or to reach TEAM AMR, click the following link:https://www.wealthenhancement.com/advisor-teams/amr-team  

Donna McKeown Host Michael Connaughton is joined by Donna McKeown Donna is the Financial Planning Association of New England's longest partner and is a team lead and loan officer at Movement Mortgage.   They discuss: Interest rate environment and factors to consider Tips for first time homebuyers Non-traditional mortgage products   And much more.   Contact Donna: Website: mortgagesbydonna.com  Phone: 781 775 7172 Email: donna.mckeown@movement.com    

Long-term care has quickly become one of the greatest financial and emotional pressures facing American families. Rising costs, longer life expectancy, and limited insurance coverage have created a situation few retirees are prepared for. On today's episode of Faith and Finance, Harlan Accola joins us to explore this issue. He leads the reverse mortgage team at Movement Mortgage and works closely with families navigating long-term care decisions.Accola describes long-term care as “the elephant in the room.” As Baby Boomers age and care needs rise, families are trying to balance support for aging parents with raising children and managing their own financial responsibilities. Many households avoid discussing care needs until a crisis forces difficult decisions.The numbers reveal why planning is essential. Studies estimate that between 50% and 70% of retirees will require some level of long-term care during their lives. Yet more than 90% of those individuals have not purchased long-term care insurance—and many assume Medicare will cover the cost of nursing or assisted living facilities. In reality, Medicare provides limited short-term rehabilitation benefits, while long-term care typically falls under Medicaid, which only applies once a person has depleted most of their financial assets.Costs vary widely by region, but nursing facilities can range from $80,000 to $120,000 per year, and in-home care providers may charge $30–$40 per hour. Just one or two years of intensive care can rapidly deplete savings intended to last decades in retirement.One of the most overlooked financial risks is the well-being of the surviving spouse. Accola notes that husbands often require extensive care first, and the assets used to pay for their care can leave their wives financially vulnerable after their passing. Without adequate planning, the surviving spouse may face an underfunded retirement and fewer choices for her own care needs.To address this gap, families are encouraged to expand their planning tools. One strategy Accola highlights is to tap housing wealth through reverse mortgages. Because many retirees have significant equity tied up in their homes, a reverse mortgage can unlock funds without requiring monthly payments. These tax-free dollars can be used to pay for in-home care, cover long-term care insurance premiums, or bridge the gap between retirement income and care costs. It also allows individuals to remain at home longer—often delaying or avoiding the need for costly facility care—and preserves retirement accounts for the surviving spouse.Accola emphasizes that reverse mortgages are not a universal solution, but they should be included in the suite of planning options that families evaluate, alongside insurance, savings strategies, and Medicaid planning. Far too many households ignore the issue entirely or assume Medicare will handle it.As long-term care needs continue to rise, proactive planning is no longer optional. Exploring the full range of financial tools available can reduce stress, protect surviving spouses, and provide dignity and stability during the later stages of life.On Today's Program, Rob Answers Listener Questions:I'm 66 and plan to retire at 70. I can take full Social Security at 66 and 10 months. Should I start benefits now while continuing to work full-time, or wait? If I take it now, should I place the funds in an IUL, an IBC strategy, or invest through my Edward Jones account?I've borrowed from my 401(k) several times over the past decade and paid myself interest. Since I hate paying interest on loans like auto loans, is borrowing from my 401(k) a better option than taking a regular loan? If an auto loan is at 5–6%, would it be better to borrow directly from the bank?If I make small extra payments each month on my mortgage and loan, is that roughly equivalent to making a single lump-sum principal payment each year, or does the timing make a difference?I have a question about IRA beneficiaries. If someone inherits an IRA, what would the tax implications be, and is there a better way to pass the money on than simply naming a beneficiary?My husband and I are 45 and 50, and we're considering a 1031 exchange on a property with about $250,000 in capital gains and $15,000 remaining on the mortgage. Should we move forward with the exchange, or would a different strategy make more sense?Resources Mentioned:Faithful Steward: FaithFi's Quarterly Magazine (Become a FaithFi Partner)Movement MortgageWisdom Over Wealth: 12 Lessons from Ecclesiastes on MoneyLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA)FaithFi App Remember, you can call in to ask your questions every workday at (800) 525-7000. Faith & Finance is also available on Moody Radio Network and American Family Radio. You can also visit FaithFi.com to connect with our online community and partner with us as we help more people live as faithful stewards of God's resources. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Many retirees today feel squeezed. Rising costs, fixed incomes, and market uncertainty can make the retirement years feel more fragile than expected. Yet for many households, one of their largest assets—their home—often sits unused in their financial plan.For years, reverse mortgages carried a mixed reputation. But significant reforms over the last decade have reshaped the program, making today's options safer, more flexible, and better aligned with thoughtful retirement planning. Today, we are joined by Harlan Accola, National Reverse Mortgage Director with Movement Mortgage, to explore how home equity can play a more intentional role in retirement.Why Home Equity Is Often OverlookedFor many retirees, their home represents their single largest asset. Yet it's frequently absent from retirement conversations.One reason is perception. Outdated assumptions and negative press have long hampered reverse mortgages. Another reason is structural: many financial advisors simply aren't trained—or compensated—to incorporate home equity into retirement planning. As a result, planning conversations often focus on investments, Social Security, pensions, and insurance, while equity is quietly ignored.That oversight can create strain. When too much wealth is locked inside a home, retirees may feel cash-poor even while sitting on significant net worth—especially if they're still making monthly mortgage payments.Much of what people fear about reverse mortgages no longer applies. Major legislative reforms roughly a decade ago addressed earlier concerns and strengthened consumer protections. Today's reverse mortgage programs are federally regulated and far more transparent.In fact, recent industry surveys—including data from J.D. Power—show that more than 90% of reverse mortgage borrowers report being satisfied with their experience. As more people hear positive stories from neighbors and friends, perceptions continue to shift.Key Benefits of Today's Reverse MortgagesThe most immediate benefit for many retirees is simple: eliminating a monthly mortgage payment. I've spoken with retirees who are using a significant portion of their Social Security income just to cover housing costs. Removing that payment can dramatically improve monthly cash flow—even for those who technically “can afford” the payment.Another powerful benefit is preparation. Long-term care remains one of the largest unfunded risks in retirement. For homeowners who have already paid off their house, a reverse mortgage can establish a guaranteed line of credit before it's needed. Think of it as getting an umbrella before it starts raining—access to funds that can be used later if health care needs arise or unexpected expenses surface.A Third Bucket in Retirement PlanningTraditionally, retirees think in terms of two buckets: income and investments. But home equity can function as a third.The early years of retirement are often the most critical. Drawing too quickly from investments doesn't just reduce the balance—it also eliminates years of future growth. By using home equity strategically, retirees may be able to reduce pressure on their investment portfolio, delay Social Security, and extend the longevity of their overall plan.In many cases, this isn't about necessity—it's about stewardship. Rather than leaving a major asset idle or waiting until it must be accessed in distress, home equity can be used intentionally to support stability, flexibility, and peace of mind.Reverse mortgages aren't for everyone, and they should always be evaluated carefully within a broader financial plan. But for those in the later seasons of life—especially homeowners still making payments or struggling to meet monthly expenses—they can be a valuable option.When used wisely, home equity isn't about giving something up. It's about stewarding what God has already entrusted to you, so your resources serve you well throughout retirement.To learn more, visit Movement.com/Faith.On Today's Program, Rob Answers Listener Questions:I own a small business with about 10 employees, and I'm looking to set up a 401(k). I'm not sure which type makes the most sense or how to get started—can you help point me in the right direction?I've been furloughed, and I'm considering borrowing from my 401(k). I'm trying to understand the tax implications of taking out $50,000 and splitting it between 2025 and 2026. Would it be wiser to take half each year, especially given the uncertainty ahead?I'm a widow with no children or close family. I've heard of revocable trusts and powers of attorney, and I'm trying to understand the difference between them. Specifically, how does having a power of attorney compare to setting up a revocable trust—especially if I were to become incapacitated?Resources Mentioned:Faithful Steward: FaithFi's Quarterly Magazine (Become a FaithFi Partner)Movement MortgageIRS.gov | 401(k) Plans For Small Businesses (U.S. Department of Labor) | ADPWisdom Over Wealth: 12 Lessons from Ecclesiastes on MoneyLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA)FaithFi App Remember, you can call in to ask your questions every workday at (800) 525-7000. Faith & Finance is also available on Moody Radio Network and American Family Radio. You can also visit FaithFi.com to connect with our online community and partner with us as we help more people live as faithful stewards of God's resources. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

We would like to thank our advertisers for our podcast: This episode is brought to you by Gold Co! Get up to $10,000 in FREE silver when you go to https://DineshGold.com. Don’t wait - The time to invest in gold and silver is now! https://www.mypillow.com Discount code DINESH https://balanceofnature.com/pages/podcasters Discount Code America https://angel.com/dinesh https://movement.com/dinesh Movement Mortgage, LLC supports equal housing opportunity. NMLS number 39179. For licensing information, please visit https://www.nmlsconsumeraccess.org https://Mybrightcore.com/Dinesh 25% Off Kimchi One with code: DINESH at Or dial (888) 927-5980 for up to 50% OFF and Free Shipping – ONLY when you call! https://hometitlelock.com/dinesh and use promo code DINESH to get a FREE title history report and a FREE TRIAL of their Triple Lock Protection! For details visit https://hometitlelock.com/warranty https://reliefband.com Use promo code “Dinesh” at checkout Movie “Call Sign Courage” https://callsigncourage.com available on https://salemnow.com Books or guest info: Laura McDonald, Daughters of The American Revolution (DAR) member https://daughtersadvocatingrestoration.org The Dragon’s Prophecy website: https://thedragonsprophecyfilm.com Dinesh D’Souza “Life After Death: The Evidence” https://a.co/d/9d7gtPn https://dineshdsouza.com https://dinesh.locals.com to join Dinesh’s page and support his work! In this episode, Dinesh reveals the Somali business model which involves the kind of political entrepreneurship that rips off the American taxpayer. Dinesh asks whether Maduro’s days are numbered and explains why he won’t get on a boat.See omnystudio.com/listener for privacy information.

We would like to thank our advertisers for our podcast: This episode is brought to you by Gold Co! Get up to $10,000 in FREE silver when you go to https://DineshGold.com. Don’t wait - The time to invest in gold and silver is now! https://www.mypillow.com Discount code DINESH https://balanceofnature.com/pages/podcasters Discount Code Americahttps://angel.com/dineshhttps://movement.com/dinesh Movement Mortgage, LLC supports equal housing opportunity. NMLS number 39179. For licensing information, please visit https://www.nmlsconsumeraccess.orghttps://Mybrightcore.com/Dinesh 25% Off Kimchi One with code: DINESH at Or dial (888) 927-5980 for up to 50% OFF and Free Shipping – ONLY when you call! https://hometitlelock.com/dinesh and use promo code DINESH to get a FREE title history report and a FREE TRIAL of their Triple Lock Protection! For details visit https://hometitlelock.com/warrantyhttps://reliefband.com Use promo code “Dinesh” at checkouthttps://preborn.com/Dinesh We promise to honor your trust in giving to PreBorn! by using your gift in the most effective way to save unborn babiesMovie “Call Sign Courage” https://callsigncourage.com available on https://salemnow.com Books or guest info: The Dragon’s Prophecy website: https://thedragonsprophecyfilm.com Dinesh D’Souza “Life After Death: The Evidence” https://a.co/d/9d7gtPn https://dineshdsouza.com https://dinesh.locals.com to join Dinesh’s page and support his work! Danielle D’Souza Gill discusses the results of the TN-07 Special Election and the victory of Matt Van Epps. Danielle dives into the hatred the Democrats have not just for Trump, or Republicans, but the American people. Danielle breaks down some of the Democrats’ biggest disasters with Terry Schilling from the American Principles Project.See omnystudio.com/listener for privacy information.

Welcome to The Chrisman Commentary, your go-to daily mortgage news podcast, where industry insights meet expert analysis. Hosted by Robbie Chrisman, this podcast delivers the latest updates on mortgage rates, capital markets, and the forces shaping the housing finance landscape. Whether you're a seasoned professional or just looking to stay informed, you'll get clear, concise breakdowns of market trends and economic shifts that impact the mortgage world.In today's episode, we look at the latest home affordability metrics and anecdotes. Plus, Robbie sits down with Blue Sage Solutions' Carmine Cacciavillani for a discussion on modified workflows versus true artificial intelligence and how their partnership with Movement Mortgage is where the mortgage industry is headed. And we close by examining how the September CPI figures came in just as some people would have hoped, hmmm.Today's podcast is brought to you by nCino, makers of the nCino Mortgage Suite for the modern mortgage lender. nCino Mortgage Suite's three core products -- nCino Mortgage, nCino Incentive Compensation, and nCino Mortgage Analytics -- unite the people, systems, and stages of the mortgage process into a seamless end-to-end solution embedded with data-driven insights and intelligent automation. See how nCino can support a homeownership journey that your borrowers and your team will love at nCino.com.

Could a reverse mortgage be a widow's best friend?Since women typically outlive men, many will one day carry the financial load alone. Today, Harlan Accola joins us to explain how reverse mortgages have changed and why they can offer widows stability, dignity, and confidence for the years ahead.Harlan Accola is the National Reverse Mortgage Director at Movement Mortgage, an underwriter of Faith and Finance. He is also the author of Home Equity and Reverse Mortgages: The Cinderella of the Baby Boomer Retirement.The Longevity ChallengeMany people still carry outdated assumptions about reverse mortgages. Some believe they're risky or predatory—especially for widows. However, over the years, these products have undergone significant evolution, incorporating new safeguards that make them a secure and compassionate option for many older adults, particularly surviving spouses.Women tend to outlive their husbands, often by several years. That creates what financial professionals call longevity risk—the challenge of stretching resources over a longer life. Couples frequently plan their finances assuming they'll live out retirement together, but the reality is that many widows face 2–10 years of life on their own, often with reduced income.For many, a reverse mortgage can bridge that gap. By allowing homeowners age 62 and older to access the equity in their homes without monthly payments, it provides a steady income—especially for those who want to remain in their homes.The reputation of reverse mortgages has improved dramatically since the early days. When the FHA introduced the program in 1988, some borrowers made unwise choices—like removing their spouse from the home title—which left surviving spouses vulnerable.Thankfully, that changed in 2013. Federal law now requires that both spouses be listed on the loan and protected by it. This safeguard ensures that a widow can remain in her home for as long as she wishes, without fear of foreclosure or forced sale.Dignity and Security for the Years AheadWhen a husband passes, household income often drops by around 40%. If a traditional mortgage payment remains, that financial burden can force a widow to sell her home. A reverse mortgage eliminates that risk by converting home equity into income—allowing her to stay in the place she loves, surrounded by memories, with dignity and financial stability.For widows, that security is invaluable. It turns a house into a lasting home, ensuring that the twilight years can be lived not in fear, but in peace.To learn more about whether a reverse mortgage could benefit your situation, visit Movement.com/Faith.On Today's Program, Rob Answers Listener Questions:I'm trying to find information about a Christian savings and loan, but I haven't been able to get the contact details. Can you point me in the right direction?I don't feel like I have enough savings to handle a real emergency. I'm working both full-time and part-time jobs just to keep up with bills, plus I'm trying to pay off student loans and credit cards. I feel stretched thin and don't know what to do next.I called before about my advisor and wanted to give you an update. Now I have a question: I have a 401(k), a traditional IRA, and a Roth IRA—each with about $100,000. When I retire, do I need to withdraw from one before the others, or is there a better strategy for taking distributions?I recently changed jobs and left my 401(k) with my former employer, which is now closing its doors. Should I roll that money into my new job's plan or transfer it elsewhere? I'm not very familiar with managing investments myself.I currently have a moderate growth account with a steady income, but I'm considering withdrawing the funds. Would CDs be a safe place to move that money, or do you have other suggestions?I need help finding affordable health insurance on a limited income. I have some past health issues, and I'm worried about being penalized. Where should I start looking?Resources Mentioned:Faithful Steward: FaithFi's New Quarterly Magazine (Become a FaithFi Partner)Movement MortgageChristian Community Credit Union (CCCU)HealthMarkets | Healthcare.gov | eHealth | HealthSherpaWisdom Over Wealth: 12 Lessons from Ecclesiastes on MoneyLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Building Faith-Driven Culture: The Four Human Needs Every Team Member HasJoin host Justin Forman as he sits down with Stephen Phelan, Chief Spiritual Integration Officer for Faith Driven Entrepreneur, in the iconic red-walled Movement Mortgage offices. Stephen shares practical, proven strategies for creating workplace cultures that truly love and value people—addressing the crisis where 98% of Gen Z feels burned out at work.Drawing from over a decade of experience at Movement Mortgage, Stephen reveals the four fundamental human needs every employee has and how meeting them transforms both culture and business outcomes. From launching "Love Works" benevolence programs to implementing mentoring systems that make disciples, this episode provides actionable steps any business can take, regardless of size.Key Topics:The four fundamental human needs every employee has when they come to workHow to implement "Love Works" programs that create authentic community (from 5-person teams to 57,000 employees like Hobby Lobby)Why mentoring isn't another burden for entrepreneurs—and who should actually lead itBuilding small groups in business that mirror successful church modelsCreating cultures where 91% of stressed Gen Z workers find life and purposeFrom "sneaky Jesus" conversions to baptizing employees: real transformation storiesPractical systems for loving teammates, customers, and communitiesNotable Quotes:"People that are walking through your doors, they have four fundamental human needs. Here's the first one - when they come in, they want to have friends at work." - Stephen Phelan"We all want these relationships at work. And as a follower of Jesus, you want to be able to say yes to Jesus." - Stephen Phelan"Jesus snuck up on me at movement, people just started loving me, and they started living out the things that they believed." - Stephen Phelan (sharing employee testimony)

A tuition-free charter school built by a mortgage company? Bet you haven't heard of that before! Gina Spearman, market leader at Movement Mortgage, joins Host Carol Morgan on the Atlanta […] The post Movement Mortgage: Empowering the Homebuyers of Today & Tomorrow appeared first on Atlanta Real Estate Forum.

In this episode of the Real Estate Pros podcast, Kristen Knapp interviews James McKibban, a mortgage lender at Movement Mortgage. They discuss James's journey into the mortgage industry, the importance of experience and communication in lending, and the common mistakes first-time homebuyers make. James shares insights on the significance of treating every client equally, the challenges of navigating licensing across states, and the compliance landscape in lending. He also offers advice for aspiring mortgage lenders and emphasizes the importance of creativity in problem-solving within the industry.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

In this episode, Dr. Peter Kim interviews Dan Peck, Senior Loan Officer at Movement Mortgage, to tackle a common question: Should you still buy real estate with high interest rates? Dan shares valuable insights on navigating today's market, explains creative mortgage solutions, and highlights why real estate remains a smart long-term investment. Whether you're a first-time buyer or seasoned investor, this episode will help you make informed decisions. Tune in! Movement Mortgage brings this episode to you. Dan Peck and his team at Movement Mortgage have been working with clients to help them purchase real estate in all 50 states for over 25 years. Whether you are purchasing a Primary Residence, 2nd Home, Investment Property, or Short Term Rental, Dan's team will make the process seamless as you grow your real estate portfolio. Dan and his team are ready to help you today! Learn more about Movement Mortage. Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.

Ever wondered how you can buy your next home before selling your current one? On this episode of the Kern County Real Estate Review, Laurie McCarty is joined by Phoebe Jaeckels of Movement Mortgage to discuss the Expanded Access Buy Now, Sell Later program—a powerful option that helps homeowners make a move on their own terms.From avoiding contingent offers to easing the stress of back-to-back escrows, Phoebe breaks down how this program works, who it's designed for, and why it could be a game-changer in today's competitive market. Laurie also shares her weekly “Weekend Equity Boost” project to help you add value to your home.

Many seniors today face significant financial strain—some even resort to borrowing to cover their basic living expenses.For retirees on a fixed income, a reverse mortgage can be a practical solution to access the equity in their home and bring much-needed stability. Harlan Accola joins us today with a message of hope for those looking for margin in their retirement years.Harlan Accola is the National Reverse Mortgage Director at Movement Mortgage, an underwriter of Faith and Finance. He is also the author of Home Equity and Reverse Mortgages: The Cinderella of the Baby Boomer Retirement.The Real Issue: Seniors Struggling with Credit Card DebtNearly 70% of seniors that Movement speaks with are carrying credit card debt. These aren't impulsive spenders buying luxury items. They're retired, living on fixed incomes, and they're relying on credit just to pay for basics like groceries and prescriptions. They're often asset-rich but cash-poor—sitting on significant home equity but drowning in interest rates of 25% to 35%.Many people suffer silently, too embarrassed to discuss their financial challenges. They don't realize that the equity in their home could be used to ease their burden without losing the home they love.One of the biggest hurdles is the spread of misinformation. People believe they'll lose their house, or that a reverse mortgage is inherently bad.In truth, the Home Equity Conversion Mortgage (HECM)—the most common form of reverse mortgage—is federally insured and designed to protect both the homeowner and their heirs. Properly structured, it can be a safe and responsible tool.Who Should Consider a Reverse Mortgage?Anyone over 62 with at least 50–60% equity in their home should take a closer look. A typical scenario might be someone still making monthly mortgage payments, even with a small remaining balance. Those payments—$800, $1,500 or more—can strain fixed retirement budgets.One common misconception is that you lose control of your home. In fact, you and your spouse can stay in your home for life, even if one of you passes away. You can choose how to receive the funds—from monthly income to a lump sum to the most popular option: a line of credit.Whether it's a car repair or a medical bill, reverse mortgage lines of credit provide flexibility. And it's all about wise stewardship.At the heart of this decision is a stewardship principle. As Proverbs 24:3 reminds us, “By wisdom a house is built, and through understanding it is established.” It doesn't make sense to live in a paid-off home but struggle to pay for groceries while racking up 30% interest on credit cards. That's not good stewardship.Reverse mortgages aren't for everyone—but many avoid them simply due to fear or misunderstanding. For some, it could be a life-giving solution.If you're entering—or well into—retirement and want to explore whether a reverse mortgage might be a fit for your situation, visit Movement.com/Faith. On Today's Program, Rob Answers Listener Questions:I'm 71 and still working, but I'm not sure how much longer I'll be able to keep it up. Would a reverse mortgage help me eliminate my monthly mortgage payment, allowing me to manage better if I need to stop working?I have recently retired and hold a 401(k) account with Fidelity. Someone mentioned a company called Big Money Retirement Solution, which offers a 9% annual return on an annuity. Should I consider moving half of my portfolio there?I heard there's a way to get a free credit report that the government requires. How do I access that?Resources Mentioned:Faithful Steward: FaithFi's New Quarterly Magazine (Become a FaithFi Partner)Movement MortgageAnnualCreditReport.comWisdom Over Wealth: 12 Lessons from Ecclesiastes on MoneyLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.

Joe Bob Thompson, a former client and long-time friend of Michael, shares his life story on the podcast. Growing up in a small, rural town in northeast Texas, Joe faced challenges due to his unique name, which led to fights in the 5th grade. Despite this, he developed thick skin and learned to stand up for himself. Joe attributes his positive outlook to his mother and stepfather, who were significant influences in his life. He shares insights on positivity, team leadership, and the importance of integrating personal passions into professional roles, drawing from his experiences in football, music, and his current role at Movement Mortgage. The episode highlights Joe's creative approach to leadership and his commitment to serving others through his work. He emphasizes the importance of surrounding oneself with positive, energetic people and carrying that positivity through life's challenges. Building Bigger Lives Podcast- https://www.instagram.com/buildingbiggerlives Contact Coach Michael Regan- www.facebook.com/CoachMichaelRegan www.instagram.com/coachmichaelregan/ www.linkedin.com/in/mregan/ Contact Kathryn Pedersen- http://www.instagram.com/steamboatmortgage

In this episode of Stories from the River, podcast host and CEO Charlie Malouf is joined by President and COO Manny Rodrigues to introduce The Lighthouse Fund, a new crisis assistance program at Broad River Retail designed to formally support Memory Makers during times of need and personal crisis.  Inspired by their faith as Scripture says to be light and by the desire to care first for Broad River's own Memory Makers, Charlie and Manny discuss why the name "The Lighthouse Fund" made sense for this program.  The fund was created from a desire to provide a dignified, systematic approach to crisis assistance for Memory Makers during their times of need - something previously handled on a less formal, more ad hoc basis. Drawing on best practices from organizations like Movement Mortgage and Riverstone Logistics, The Lighthouse Fund was established to ensure no Memory Maker has to face challenging, unexpected events alone, whether dealing with potential eviction notices arising from rent concerns; unexpected medical bills; or transportation and vehicle breakdowns. The conversation highlights Broad River Retail's longstanding culture of generosity, referencing existing support programs such as Operation Magic School Bus and Operation Tis the Season, but noting the unique, formalized nature of The Lighthouse Fund. Manny and Charlie also reflect on the collaborative journey of building the fund, from the careful vetting of partners like HelpingHands Charitable and the National Christian Foundation, to crafting a meaningful brand identity rooted in the symbolism of a lighthouse as a beacon in stormy seas.  The Lighthouse Fund was initially seed funded by the Company's owners with an invitation from other Memory Makers to contribute via payroll deduction if they voluntarily desire and choose to do so.  Amazingly, to no surprise and without an expectations, over 10% of fellow Memory Makers stepped up to initially and voluntarily donate to the fund.  Charlie and Manny are proud to see the initiative fostering a deeper sense of community, care, and compassion within the company. Additional Resources:  National Christian Foundation: https://www.ncfgiving.com   HelpingHands Charitable: https://hhcharitable.org   Donate to The Lighthouse Fund: https://hhcharitable.org/cap-programs/the-lighthouse-fund/   Movement Mortgage: https://movement.com/about   LoveWorks Booklet by Movement Mortgage: https://store.ecompanystore.com/movement/Shop/#/product/Search/MOV100032.000000-Loveworks-Booklet   Kyree's LoveWorks Story: https://www.youtube.com/watch?v=p8PdFGpbSYo   Stephone's LoveWorks Story: https://www.youtube.com/watch?v=yIH7XyZJK5U   The LoveWorks Story as featured and produced by Faith Driven Entrepreneurs: https://app.frame.io/presentations/2ccbf15a-dba4-4281-91bd-1846d0ce46b4   Riverstone Logistics: https://rlx.us   Previous series of Stories from the River:  Founders Scholarship Fund series - https://www.youtube.com/playlist?list=PLYZpX9KD7Oqb22Apq_6qBhE2-KZlRpN56   Memory Makers Helping Memory Makers - https://youtu.be/E3HZFLpIXQY   Furnishing Life's Best Memories with Operation Tis The Season - https://youtu.be/sJ--C7NIyO0   Watch this episode on YouTube: https://youtu.be/4S-XXofao0c   Visit https://www.storiesfromtheriver.com for more episodes. Broad River Retail brought this show to you. Visit https://BroadRiverRetail.com                                 Follow us on LinkedIn: https://www.linkedin.com/company/broad-river-retail    

In this episode of Stories from the River, podcast host and CEO Charlie Malouf is joined by President and COO Manny Rodrigues to introduce The Lighthouse Fund, a new crisis assistance program at Broad River Retail designed to formally support Memory Makers during times of need and personal crisis.  Inspired by their faith as Scripture says to be light and by the desire to care first for Broad River's own Memory Makers, Charlie and Manny discuss why the name "The Lighthouse Fund" made sense for this program.  The fund was created from a desire to provide a dignified, systematic approach to crisis assistance for Memory Makers during their times of need - something previously handled on a less formal, more ad hoc basis. Drawing on best practices from organizations like Movement Mortgage and Riverstone Logistics, The Lighthouse Fund was established to ensure no Memory Maker has to face challenging, unexpected events alone, whether dealing with potential eviction notices arising from rent concerns; unexpected medical bills; or transportation and vehicle breakdowns. The conversation highlights Broad River Retail's longstanding culture of generosity, referencing existing support programs such as Operation Magic School Bus and Operation Tis the Season, but noting the unique, formalized nature of The Lighthouse Fund. Manny and Charlie also reflect on the collaborative journey of building the fund, from the careful vetting of partners like HelpingHands Charitable and the National Christian Foundation, to crafting a meaningful brand identity rooted in the symbolism of a lighthouse as a beacon in stormy seas.  The Lighthouse Fund was initially seed funded by the Company's owners with an invitation from other Memory Makers to contribute via payroll deduction if they voluntarily desire and choose to do so.  Amazingly, to no surprise and without an expectations, over 10% of fellow Memory Makers stepped up to initially and voluntarily donate to the fund.  Charlie and Manny are proud to see the initiative fostering a deeper sense of community, care, and compassion within the company. Additional Resources:  National Christian Foundation: https://www.ncfgiving.com   HelpingHands Charitable: https://hhcharitable.org   Donate to The Lighthouse Fund: https://hhcharitable.org/cap-programs/the-lighthouse-fund/   Movement Mortgage: https://movement.com/about   LoveWorks Booklet by Movement Mortgage: https://store.ecompanystore.com/movement/Shop/#/product/Search/MOV100032.000000-Loveworks-Booklet   Kyree's LoveWorks Story: https://www.youtube.com/watch?v=p8PdFGpbSYo   Stephone's LoveWorks Story: https://www.youtube.com/watch?v=yIH7XyZJK5U   The LoveWorks Story as featured and produced by Faith Driven Entrepreneurs: https://app.frame.io/presentations/2ccbf15a-dba4-4281-91bd-1846d0ce46b4   Riverstone Logistics: https://rlx.us   Previous series of Stories from the River:  Founders Scholarship Fund series - https://www.youtube.com/playlist?list=PLYZpX9KD7Oqb22Apq_6qBhE2-KZlRpN56   Memory Makers Helping Memory Makers - https://youtu.be/E3HZFLpIXQY   Furnishing Life's Best Memories with Operation Tis The Season - https://youtu.be/sJ--C7NIyO0   Watch this episode on YouTube: https://youtu.be/4S-XXofao0c   Visit https://www.storiesfromtheriver.com for more episodes. Broad River Retail brought this show to you. Visit https://BroadRiverRetail.com                                 Follow us on LinkedIn: https://www.linkedin.com/company/broad-river-retail    

On today's episode of Powerhouse, Diego sits down with Mike Brennan, President of Nationwide Mortgage Bankers (NMB), to discuss his recent move from Movement Mortgage and what drew him to NMB.  They dive into how NMB is navigating a slow housing market, the role of technology in client engagement, and why personal relationships matter more than ever. Mike also touches on growth strategies, new product offerings like reverse mortgages and non-QM loans, and his goal to double the company's size over the next year. Here's what you'll learn: The power of strong relationships and leadership in driving mortgage success. NMB's focus on organic growth through talent and selective M&A. How a lean, efficient structure supports agility and scale. Using tech and servicing to create a customer-first experience. Growth opportunities in reverse mortgages, home equity, and production expansion. Related to this episode:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Ex-Movement Prez Michael Brennan joins 'lean-and-mean' NMB | HousingWire Nationwide Mortgage Bankers | Michael Brennan - NMB | LinkedIn ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠HousingWire | YouTube⁠⁠⁠⁠⁠⁠⁠⁠⁠ Enjoy the episode! The Power House podcast brings the biggest names in housing to answer hard-hitting questions about industry trends, operational and growth strategy, and leadership. Join HousingWire president Diego Sanchez every Thursday morning for candid conversations with industry leaders to learn how they're differentiating themselves from the competition. Hosted and produced by the HousingWire Content Studio. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, Phil Treadwell talks with Michael Brennan about redefining leadership and making intentional impact. Michael emphasizes that leadership is a verb, not a noun; it's about taking action, not holding a title. He encourages listeners to "lead up" regardless of their role and to say yes to opportunities that create growth. They discuss how consistency builds trust over time and how small actions, like a thoughtful text, can make a big difference. Michael Brennan is the president of Nationwide Mortgage Bankers (NMB), overseeing sales and operations across 47 states. He leads the NMB Affinity Platform, a financial wellness initiative built on strategic partnerships. Previously, he was president of Movement Mortgage, where he helped grow the company to 5,600 employees and $33 billion in annual volume. Michael is also active in philanthropy, supporting global nonprofits and serving as a key partner in John Maxwell's EQUIP Foundation. 01:30 Meet Michael 06:20 It's Not How It's Always Been 10:15 Lead Up 13:20 Leadership is a Verb 16:55 Never Say No 22:05 Consistency Compounds 24:50 Part of the Impact 32:20 Send That Text Connect with Michael: Website | LinkedIn BE IN THE ROOM WHERE GROWTH HAPPENS: M1A Mastermind Group If you are enjoying the MME podcast, please take a second and LEAVE US A REVIEW. And JOIN the M1A Text Community: 214-225-5696  

On Pillar & Ground's 200th episode, Brian is joined by remote guest and longtime friend, Stephen Phelan. Stephen is the chief pastoral officer at Movement Mortgage and joins to discuss faith-driven models in business, how Christians can think about investing, and how God can be seen at work in the marketplace.Movement MortgageSovereign's Capital (particularly the Flourish ETF)Faith Driven MovementsFaith Driven EntrepreneurSolving the World's Greatest ProblemsChattanooga's Faith Coop (including the Main+Market Fellows, Chattanooga Fellows, and other programs)To contact Stephen Phelan directly, you can email him at: stephen@faithdrivenentrepreneur.orgHost: Brian SalterSpecial Guest: Stephen PhelanProducer: Ben WingardMusic arranged by David Henry and performed by David Henry and Hannah Lutz.To contact Pillar & Ground or to submit a question that you would like to hear addressed on a future episode, please email podcast@lmpc.org. 

Did you know there's a way to tap into your home's equity for tax-free cash—without having to make monthly payments? It's true.It's called a Home Equity Conversion Mortgage, or HECM—what many of you know as a reverse mortgage. But today's reverse mortgage isn't what it used to be. Harlan Accola is here to help us unpack how they work and whether one might be right for you.Harlan Accola is the National Reverse Mortgage Director at Movement Mortgage, an underwriter of Faith and Finance. He is also the author of Home Equity and Reverse Mortgages: The Cinderella of the Baby Boomer Retirement. What's Changed? A Safer, Regulated OptionWhen you hear the phrase reverse mortgage, you might think of outdated financial tools with a bad reputation. However, home equity conversion mortgages (HECMs) significantly differ from those in the past.Reverse mortgages today are not the “Wild West” products of decades past. Since major reforms were enacted during President Reagan's term in 1988, HECMs are now heavily regulated under the Federal Housing Administration (FHA).No one can lose their house or have it taken away, provided they're working with a reputable lender and stay in the home while meeting basic obligations. Ownership doesn't change, and homeowners are protected.These changes addressed the risks that once made reverse mortgages controversial. Now, with strict oversight, they provide a reliable option for seniors wanting to tap into their home equity without selling.Are Reverse Mortgage Interest Rates Too High?It's a common misconception that reverse mortgage interest rates are significantly higher than traditional mortgages. But that comparison isn't apples to apples. Interest rates on HECMs are actually tied to the 10-year Treasury rate and are heavily regulated.Right now, interest rates for reverse mortgages are about the same as traditional mortgages—around 6.5%. This means homeowners aren't sacrificing much, if anything, in interest when compared to forward mortgages.What About Costs and Obligations?The closing costs for reverse mortgages are nearly identical to traditional mortgages, with one key difference: the addition of FHA mortgage insurance.This insurance offers three essential guarantees:You can remain in your home as long as you want (up to age 150!).Thanks to non-recourse debt protections, you will never owe more than the home's value.Your heirs won't be left with a bill.Yes, this insurance adds about 2% of the home's value to the upfront costs, but it's well worth it—just like homeowner's insurance is worth it if your house burns down.What Happens When the Borrower Passes Away?A major concern many have is what happens to the home after the homeowner dies or permanently moves out.The key is proper planning. Without a will or trust in place, any mortgage—reverse or traditional—can create problems for heirs. In most cases, the home is simply sold, and any remaining equity belongs to the heirs. For instance, if the reverse mortgage balance were $100,000 on a $400,000 home, the heirs would receive the remaining $300,000.Sometimes, grandchildren may want to keep the home, in which case they can buy out other heirs. Either way, the process can be managed with clear planning.Flexible Payout OptionsOne of the most attractive features of a HECM is its flexibility. Homeowners can choose to receive their funds in a variety of ways:A lump sumA line of creditMonthly income paymentsOr even a combination of these optionsThe big idea? Your home is not just a place to live—it's also a financial asset that can be used strategically, especially in retirement.Every financial situation is different. However, a reverse mortgage could be a wise part of a broader financial plan for older homeowners. When used correctly, it offers flexibility, security, and peace of mind without jeopardizing their home.Visit Movement.com/Faith to learn more about reverse mortgages or speak directly with Harlan Accola at Movement Mortgage.On Today's Program, Rob Answers Listener Questions:My husband has taken a new job, and we have been contributing to an HSA. He wants to contribute $1,000 a month to the HSA. We still own a home and are nearing retirement age. Should we work on paying off the home or continue to put dollars into the HSA?A week or two ago, I caught part of your program about freezing credit scores. I didn't catch the whole explanation. We've never really taken out loans except for our first house 45 years ago. Is there any downside to freezing my credit?I recently received a large amount of money from a dear loved one who passed away in January. I know I'm going to tithe and pay taxes on the amount. I have an appointment with my bank to set up a CD account, but I want to know what other types of investments I can make with the money. I just want to make sure I'm doing the right thing.Resources Mentioned:Faithful Steward: FaithFi's New Quarterly MagazineMovement MortgageBankrate.comChristian Community Credit Union (CCCU)Wisdom Over Wealth: 12 Lessons from Ecclesiastes on Money (Pre-Order)Look At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.

The Rise Above Foundation is committed to providing foster children with enriching experiences that promote normalcy, comfort, and self-esteem. I was honored to join co-founder Sara Baldiga and board member Nick Pelletier of Pelletier Properties in their recent effort to build a playground at the Leominster DCF Office. On this episode, we discuss the project and how businesses can integrate philanthropy into their models to support local communities. As an impact lender, donating 49% of annual profits to local nonprofits, Movement Mortgage is proud to support this initiative and I invite you to listen and learn more about Rise Above and how you can get involved!

Aimée Dodson, Chief Engagement Officer at Movement Mortgage, discusses the company's unique role as an "Impact Lender" and its commitment to giving back to communities. Movement Mortgage leads the way by donating 49% of its annual profits to local non-profits, setting a high standard for philanthropy in the lending industry. Aimée invites real estate professionals, lenders, and agents to join in this mission, sharing practical ways to integrate community service into your business with authenticity that inspires others. Tune in for insights on how you can integrate a cause into your business, not just for marketing, but with meaningful sincerity.

There's a saying, “The best time to plant a tree is right now.” Does that logic apply to inheritances?Well, it might in some cases. In other words, is there a benefit to giving your kids an early inheritance? And how exactly would you do that? Harlan Accola joins us today to talk about how a reverse mortgage can accomplish that.Harlan Accola is the National Reverse Mortgage Director at Movement Mortgage, an underwriter of Faith and Finance. He is also the author of Home Equity and Reverse Mortgages: The Cinderella of the Baby Boomer Retirement. Understanding a Home Equity Conversion Mortgage (HECM)Reverse mortgages have evolved significantly over the years, offering new opportunities for financial planning in retirement. A Home Equity Conversion Mortgage (HECM), often referred to simply as a reverse mortgage, is an FHA-insured loan that allows homeowners to convert part of their home equity into cash while still maintaining ownership.Unlike some traditional reverse mortgages of the past, a HECM is non-recourse, meaning borrowers will never owe more than the home's value, and the loan cannot be called due as long as they continue to pay property taxes and insurance and live in the home. The equity remains with the homeowner and their heirs, with the only change being the portion that is used. Another advantage? The proceeds are tax-free, making it a useful tool for financial planning.The Role of Reverse Mortgages in Retirement PlanningWhile many people focus on eliminating debt entirely in retirement, a reverse mortgage can serve as a strategic financial asset rather than simply a last resort. Many retirees overlook the potential of their home equity as part of their financial portfolio. Instead of just passing a home down to heirs, a reverse mortgage allows parents to leverage their equity while living, providing financial assistance to their children and grandchildren when they need it most.Giving an Early Inheritance: Why It Makes SenseOne of the most meaningful ways to use a reverse mortgage is to give an early inheritance—sharing wealth with children or grandchildren while still being alive to witness its impact. As Ron Blue famously said, “Do your giving while you're living so you're knowing where it's going.”Biblical wisdom teaches that wealth should be passed along with wisdom, guiding the next generation not only in how to manage money but also in understanding generosity and stewardship. Many parents already do this when their children are young—teaching them to give, save, and spend wisely. But what about when they are adults? A reverse mortgage provides an opportunity to continue that guidance by offering financial assistance at a time when it may be most needed.How an Early Inheritance Can HelpHere are some practical ways a reverse mortgage can be used to bless children and grandchildren:1. Helping with a Down Payment on a HomeWith rising housing prices and interest rates, many younger adults struggle to afford a home. Parents can use their home equity to provide a down payment for their children, reducing the amount they need to borrow and making homeownership more affordable.2. Funding Private Christian EducationMany families prioritize faith-based education, but tuition costs can be a burden. A reverse mortgage can help cover private school tuition for grandchildren, ensuring they receive a strong biblical foundation in their education.3. Supporting Family Mission Trips or VacationsShared experiences can create lasting memories and strengthen family bonds. Whether it's funding a mission trip or a multi-generational vacation, using home equity can allow families to invest in relationships and spiritual growth together.Are There Risks to Using a Reverse Mortgage for an Early Inheritance?Like any financial tool, a reverse mortgage should be part of a well-thought-out plan. Here are a few key considerations:Ensure Long-Term Financial Stability—Before giving away wealth, make sure your own financial needs are met, including healthcare and living expenses. Plan for Healthcare Costs—Unexpected medical expenses can arise, so long-term care planning is essential before using home equity for other purposes. Use Funds Wisely—An early inheritance should be given with intentionality, not just as a financial gift, but as an opportunity to teach stewardship and align with biblical principles.Making the Right DecisionIf you're considering a reverse mortgage as part of your financial plan, here are a few steps to ensure you're making a wise choice:Work with a Trusted Christian Advisor—Seek guidance from a financial professional who understands both biblical principles and financial wisdom. That's why we recommend working with a Certified Kingdom Advisor (CKA), which you can find at FaithFi.com. Just click "Find a Professional." Pray About It—Ask God for wisdom to determine how this decision fits into His plans for your life and your family's future. Evaluate Your Goals—Consider how a reverse mortgage aligns with your long-term financial and spiritual priorities.By planning wisely and giving generously, you can leave a legacy of faith and financial stewardship that impacts generations to come.For those interested in exploring whether a reverse mortgage is a good option for their retirement plan, the team at Movement Mortgage can provide guidance. Learn more at movement.com/faith.On Today's Program, Rob Answers Listener Questions:Is it ideal for a husband and wife to share the same checking account, and how do we manage such to avoid conflict?I have a debt of about $4,300. I've been considering if I should get a balance transfer on a new card or take out a loan from my 401(k).My sister is 76 with disabilities, and I have her power of attorney. Medical facilities have had data breaches, so I was trying to freeze her credit. She's never had credit - do I need to freeze it, or can I leave it?Resources Mentioned:Faithful Steward: FaithFi's New Quarterly MagazineMovement MortgageChristian Credit CounselorsMoney and Marriage God's Way by Howard DaytonAnnualCreditReport.comWisdom Over Wealth: 12 Lessons from Ecclesiastes on Money (Pre-Order)Look At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.

How can you develop a mindset that prioritizes influence and adaptability instead of rigid control? Establishing a clear mission helps focus your attention, aligning your goals with your aspirations.   You can positively channel fear to foster your growth by pushing past limitations that arise from embracing challenges. Understanding who you are can significantly aid you in navigating the unpredictable, whether it's expected events or unforeseen circumstances, keeping your momentum toward your goals. Remember to continually reassess and make adjustments as necessary.   In this program, you'll learn how claiming your true north fosters adaptability, how to maintain a realistic view of your goals, and how to identify what might be masquerading as progress but is actually holding you back.   Jess Dewell hosts Carrie Haines, a Mortgage Broker at Movement Mortgage, Jevoy Palmer, the CEO of Palmer House Productions, and Debra Eckerling, Goal Strategist and Author at The DEB Method. They will share experiences on how they embraced their identities, navigated life's twists and turns, and why it's important to be BOLD in adapting while maintaining focus on what you can control.   —-----------------   If you want to identify business bottlenecks, the necessary skills, the initial actions to take, the expected milestones, and the priorities for achieving growth, try the “Growth Framework Reset” approach. This will help you to keep learning and growing while working strategically on your business. -------------------- You can get in touch with Jess Dewell on Twitter,  LinkedIn or Red Direction website.

20250210-Comparing and Contrasting The Big Game Ads Spending With Reverse Mortgage Savings Ft. Harlan Accola of Movement Mortgage by That KEVIN Show

Ever wondered if you really need a 20% down payment to buy a home? Join us on the Carolina Contractor Show as we unravel these common myths and explore the world of home buying with our special guest Kyle May from Movement Mortgage. Kyle brings his expertise to the table, shedding light on the current challenges faced by young buyers, such as high interest rates and inflation. You'll gain insight into securing a mortgage loan in today's tough market and discover alternative financing options that could make your homeownership dreams a reality.In this episode, we break down the misconceptions surrounding home buying and introduce a variety of loan options that cater to different financial situations. From VA and USDA loans that offer low or no down payments to FHA loans that require just 3.5%, there's a pathway for everyone. We also dive into down payment assistance programs like those provided by the North Carolina Housing Assistance, and discuss special loan programs for self-employed individuals. Kyle shares invaluable advice on avoiding private mortgage insurance and making use of family gifts or 401k loans for down payments, opening doors for eager homebuyers.Are you hesitant about buying a home due to market unpredictability? Get ready to rethink your strategy as we discuss the timing and affordability of purchasing property. With Kyle's guidance, we emphasize the long-term benefits of homeownership over renting and the importance of getting pre-approved, no matter your credit score. This episode is packed with practical advice and encouragement for anyone looking to step into the housing market with confidence. Whether you're a first-time buyer or just curious about current trends, tune in to gain the knowledge you need to make informed decisions and take proactive steps on your home buying journey.Connect with Kyle at KyleJMay.com

20250203- Learn More About Movement Mortgage on That Kevin Show- Hour 2 by That KEVIN Show

“Give, and it will be given to you. Good measure, pressed down, shaken together, running over, will be put into your lap. For with the measure you use, it will be measured back to you.” - Luke 6:38Jesus' words in the Sermon on the Plain are a reminder that we should look for ways to be generous with all aspects of our finances, including investments. Brian Mumbert is here today to share some helpful ideas.Brian Mumbert is Vice President and Regional Sales Executive at Timothy Plan, an underwriter of Faith & Finance.Dispelling the Myth: Performance vs. ValuesA common misconception in Faith-Based Investing is that investors must compromise financial performance to adhere to their values. Since the inception of Faith-Based Investing in 1994, the industry has made tremendous strides. What started with limited resources and headwinds has now evolved into a robust market with proven fund management, strong fundamentals, and competitive returns. Today, investors can achieve great risk-adjusted returns while staying true to their faith-based principles.Many investors have questions about whether they should tithe off their investment gains. In Luke 12, Jesus instructs us to store treasures in heaven where they cannot decay or be stolen. Additionally, 2 Corinthians 5:1-2 reminds believers that this world is not our home, and we are merely stewards of God's resources. Unfortunately, statistics show that the average American earning over $150,000 annually gives only 1.7% of their income, with Christians slightly higher at 2.5%. Tithing on investment gains is an opportunity to demonstrate faithfulness and generosity.Timothy Plan's Commitment to TithingTimothy Plan leads by example, tithing off the revenue it receives from mutual funds. The company sees this as an act of obedience and stewardship, using their resources to support causes that align with their mission. From funding crisis pregnancy centers to promoting faith-based media and supporting biblical entrepreneurs in underprivileged areas, Timothy Plan goes beyond just making money for investors—they are actively contributing to kingdom work.When it comes to deciding where to allocate their charitable contributions, Timothy Plan follows a thoughtful approach. They look at “the other side of the screen,” meaning they support organizations that counteract the very issues they stand against. For example, as a pro-life, pro-family investment firm, they support crisis pregnancy centers and organizations like Movie Guide, which advocate for family-friendly entertainment in Hollywood. Their impact extends locally in Orlando, Florida, and globally across the world.Looking Ahead: What's New at Timothy PlanWith new seasons ahead for the country, faith-based investing remains a powerful tool to influence culture and financial stewardship.For those interested in aligning their investments with their values and making an impact through Faith-Based Investing, Timothy Plan offers a variety of investment options. Visit TimothyPlan.com to explore their offerings and learn more about their mission.On Today's Program, Rob Answers Listener Questions:What key things should I focus on when looking for a mortgage company to buy a home? I want to put down at least half the purchase price using proceeds from selling two other properties and get a 15-year mortgage at the lowest rate possible. What should I look for when comparing lenders?I have a small architecture business, and my income has fluctuated significantly over the last 3.5 years. My financial advisor has suggested I put my business on the back burner and get a consistent salary job instead to meet my family's budget and pay down debt. How can I be transparent and respectful when communicating to a potential employer that I want a salaried job but also want to keep my business on the side?Is it better for me to continue putting the maximum $200 per month into my retirement IRA, where my employer matches 50%, or should I put that money towards paying off my debt instead? I'm trying to decide whether to focus on maxing out the retirement contributions to take advantage of the employer match or if I should prioritize debt repayment.I'm 12 months away from turning 59 1/2, so I can take retirement withdrawals without penalty. My wife and I have a Roth IRA, and she's also over 55. Would it make sense for me to make $8,000 withdrawals from my 401(k) to max out both of our Roth IRAs for the next 5 years, even though I plan to keep working for 4-5 more years? I'm trying to figure out if that strategy of funding the Roth IRAs makes sense in my situation.I'm looking for resources to find more mortgage lender options besides the one on Bankrate.com. I checked the website of Movement Mortgage, which has a charitable background, but I didn't see anything for the St. Louis area. What other websites or tools can I use to find quality mortgage lenders and compare rates without them pulling a hard credit check that would affect my credit score?Resources Mentioned:Faithful Steward: FaithFi's New Quarterly PublicationTimothy PlanMovement MortgageBankrate.com | Lending TreeLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.

“The prudent see danger and take refuge, but the simple keep going and pay the penalty.” - Proverbs 22:3That verse is all about how critical it is to look ahead and spot potential problems so you have more time and resources to fix them before they happen. Harlan Accola joins us today to discuss the dangers of keeping mortgage payments into our retirement years.Harlan Accola is the National Reverse Mortgage Director at Movement Mortgage, which is an underwriter of this program. He is also the author of Home Equity and Reverse Mortgages: The Cinderella of the Baby Boomer Retirement. The Changing Landscape of Retirement and DebtToday's retirees face a vastly different financial landscape compared to previous generations. In 2024 alone, 4.2 million people will turn 65, and more than 50% of them are still making mortgage payments—the highest percentage in history. This contrasts sharply with previous generations, where fewer than 5% of retirees carried mortgage debt into retirement.Several factors contribute to this shift:Rising Home Prices: Houses are significantly more expensive than they were decades ago. Longer Mortgage Terms: More retirees are carrying 30-year mortgages well into retirement. Financial Strain: Seniors are balancing mortgage payments with other financial obligations such as healthcare, inflation, and even supporting aging parents or adult children.This financial burden often leads to seniors neglecting their retirement savings, relying on credit cards, and facing increased financial stress.The Hidden Debt Burden Beyond MortgagesIn addition to mortgage payments, credit card debt is at an all-time high among retirees. This generation was the first to widely adopt credit cards, often using them for convenience and rewards. However, unexpected life events—such as health crises, job losses, or the death of a spouse—can quickly turn manageable credit card balances into long-term debt.For retirees struggling with both mortgage and credit card debt, the combination can create a domino effect, draining their financial resources and limiting their options.A Solution: Reverse MortgagesMany seniors with more than 50% home equity have an opportunity to improve their financial situation through a reverse mortgage. This option allows seniors to:Eliminate Mortgage Payments: The biggest monthly expense can be reduced to zero, freeing up cash flow for other essential expenses. Create an Income Stream: If the home is fully or mostly paid off, seniors can tap into their home equity and receive monthly payments, helping them avoid dipping into retirement accounts or relying on credit cards. Preserve Retirement Funds: By utilizing home equity, retirees can avoid withdrawing too much from their investment accounts too early, helping to secure their financial future.The Unique Benefits of Reverse MortgagesUnlike traditional loans, a reverse mortgage is considered non-recourse debt, meaning that seniors will never owe more than the value of their home. This provides a level of financial security, even in the event of a housing market downturn.Reverse mortgages allow seniors to stay in their homes while making payments optional and, in some cases, converting their home equity into a steady source of income—all without financial risk beyond their home's value. By understanding and utilizing the tools available, seniors can achieve greater financial freedom and peace of mind in their retirement years.If you or a loved one are struggling with mortgage payments in retirement, a reverse mortgage with Movement Mortgage may be worth exploring. For more information, visit movement.com/faith to connect with Harlan Accola and explore your options.On Today's Program, Rob Answers Listener Questions:My husband is retiring at 65, and we're considering whether to start his Social Security now and invest it or wait until 67 or 70 to get a higher monthly benefit. I'm looking for guidance on the best approach.I'm on Social Security disability, and my pastor preaches about tithing the first week's pay as first fruits. I'm nervous about this since I'm living on my disability income. What are your thoughts on how I should approach tithing in this situation?I thought I was leasing a car, but it turns out I'm actually purchasing it. I'm 73 and on Social Security with a part-time job. Would leasing or purchasing a car be the better option for me at this stage?I want to share a testimony about Christian Credit Counselors. I heard your recommendation and registered with them. They were able to help me consolidate my high-interest credit card debt, which improved my credit score. Getting started was a bit bumpy, but I came out way ahead compared to paying all that interest.Resources Mentioned:Faithful Steward: FaithFi's New Quarterly PublicationMovement MortgageChristian Credit CounselorsLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.

20250120 - Movement Mortgage's Support Of Widows And TKS Support Of The Unborn by That KEVIN Show

20250113- That Kevin Show Welcomes Movement Mortgage LIVE by That KEVIN Show

20241223- Movement Mortgage and Gospel For Asia Join Kevin McCullough Radio by Kevin McCullough Radio

"From everyone who has been given much, much will be demanded; and from the one who has been entrusted with much, much more will be asked." - Luke 12:48When the housing market collapsed in 2008, more than 10 million Americans experienced crashing home values and foreclosures. But out of that financial chaos, a new company arose with a mission to do things differently. Harlan Accola joins us today to talk about it.Harlan Accola is the National Reverse Mortgage Director at Movement Mortgage, which is an underwriter of this program. He is also the author of Home Equity and Reverse Mortgages: The Cinderella of the Baby Boomer Retirement. A Vision Born in CrisisMovement Mortgage stands out in the world of residential lending for more than its exceptional service. Founded during the tumultuous 2008 housing crisis, this company has defied the odds, growing into one of the largest mortgage providers in the nation. With financial institutions collapsing and the housing market in turmoil, Casey Crawford, a former NFL player, saw an opportunity to do things differently. Together with mentor Toby Harris, Casey envisioned a company that would not only provide world-class mortgage services but also glorify God and give back to communities. This bold vision became the bedrock of Movement Mortgage.Faith at the CoreCasey Crawford's faith played a pivotal role in shaping the mission of Movement Mortgage. Having witnessed poverty and systemic challenges across the nation, Casey felt called to address the needs of the disadvantaged. Inspired by the legacy of Christians historically building hospitals and schools, he sought to create a company that would embody these values in modern times. Movement Mortgage was designed to be more than a business—it was a vehicle to serve “the least of these” and bring hope to struggling communities.Innovative Programs with PurposeFrom the beginning, Movement Mortgage has been about more than profits:Love Works Program: Employees contribute to a fund to assist colleagues in times of need, fostering a culture of mutual support. Grace Works Grants: These grants provide resources to hundreds of organizations nationwide, impacting local communities directly.Despite its unique mission, Movement's success is rooted in its ability to deliver exceptional service. By prioritizing faster, better, and more efficient mortgage processes, Movement has earned trust and loyalty from clients and industry professionals alike. This commitment to excellence has attracted top talent and allowed the company to thrive.Transforming Lives Through the Movement FoundationCentral to Movement's impact is the Movement Foundation, which channels 50% of the company's profits into charitable initiatives. This unprecedented commitment has resulted in $377 million given to transformative causes worldwide. Some key initiatives include:Movement Schools: Seven charter schools in underserved areas provide free, high-quality education. These schools aim to break cycles of poverty by equipping children and families with resources for success. Disaster Relief: Whether it's distributing water to homeless populations during heatwaves or aiding hurricane recovery efforts, Movement responds to crises with compassion and action. Global Outreach: From clean water projects in Uganda to combating sex trafficking in Thailand, the Movement Foundation's global reach demonstrates its commitment to being the hands and feet of Jesus.Movement Mortgage's impact extends beyond financial transactions. Employees are encouraged to participate in vision trips and engage with the communities they serve. These experiences not only foster personal growth but also bring tangible hope to those in need. By aligning profits with purpose, Movement has cultivated a team united by a shared mission.Why Movement Mortgage?Choosing Movement Mortgage means more than securing a home loan. It's an opportunity to contribute to life-changing work, both locally and globally. Each mortgage funds efforts to combat poverty, provide education, and restore dignity to vulnerable populations.Movement Mortgage embodies the idea that business can be a force for good. With its unwavering commitment to excellence and dedication to advancing God's Kingdom, Movement is redefining what it means to lead with faith in the marketplace.To discover how Movement Mortgage can serve your home financing needs while supporting impactful initiatives, visit movement.com/faith.On Today's Program, Rob Answers Listener Questions:I'm 61 years old and currently drive about a 2-hour round-trip to work. We will sell our house and move closer to work, church, and the grandkids. Would it make more sense for us to purchase another home or maybe just rent instead?I have a $250,000 settlement coming in, and I understand I need to speak to a Certified Kingdom Advisor (CKA). But in the short term, besides my giving to the church, where should I park that money to try to get some short-term gains?Resources Mentioned:Movement MortgageMovement SchoolsMovement FoundationBankrate.comLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.

With mortgage rates fluctuating, now might not seem like the perfect time to buy a home, but it's an ideal time to prepare, especially for first-time homebuyers. Movement Mortgage recently shared helpful tips on FaithFi.com for those looking to enter the housing market. Here's a breakdown of these critical steps to set you up for a successful and financially wise home purchase.Step 1: Determine Your Budget—And Keep It ConservativeFirst things first, know what you can afford. It's wise to set a sale price and monthly payment that's less than the maximum a lender or loan calculator may suggest. Keeping a buffer in your budget allows for unexpected costs and helps you avoid financial strain. As Proverbs 21:20 says, “Precious treasure and oil are in a wise man's dwelling, but a foolish man devours it.”Step 2: Set a Savings Goal for Your Down PaymentWhile a 20% down payment isn't always required, it has some major benefits:Reduces the loan amountEliminates private mortgage insurance (PMI)It gives you enough equity to sell if unforeseen circumstances ariseIf you can't reach 20%, aim to save as close as possible for these advantages.Step 3: Budget for Additional CostsBeyond the down payment, remember incidental costs, like:Property and pest inspectionsMoving expensesEssential appliances (like a fridge or washer/dryer), if not provided by the sellerPlanning for these helps avoid last-minute financial surprises.Step 4: Check Your CreditMost mortgage lenders prefer a credit score between 700 and 750, with 740+ often unlocking the best rates. Here's how to optimize your score:Review your credit report and dispute any errorsPay down debts to keep balances below 30% of your available creditAvoid any new credit inquiries, as “hard pulls” can impact your scoreStep 5: Lower Your Debt-to-Income (DTI) RatioEven with a great credit score, high debt levels could result in a mortgage denial. Try to reduce any debt you can, like paying off a car loan, to improve your DTI ratio and increase your mortgage eligibility.Step 6: Maintain a Clear Paper TrailLenders will closely scrutinize your transaction history, so avoid moving money between accounts for at least three months before applying. Any large transfers could complicate the process, as lenders must verify that your assets are not borrowed. If you're expecting a cash gift, consult a loan officer for guidance. Specific documentation may be needed to confirm that the money is a gift, not a loan.Step 7: Pay Off Outstanding Tax DebtsIf you owe back taxes and are on a payment plan, prioritize paying these off. Outstanding tax debts affect your DTI ratio and could lead to complications with lenders, as tax liens can take priority over other debts.Step 8: Stay at Your JobLenders look for employment stability, so if you're considering a job change, it's best to hold off until after you buy the home. Having at least two years at your current job can reassure lenders and improve your chances of securing a mortgage.Need More Help? Connect with Movement MortgageMovement Mortgage offers guidance for each step of the home-buying process, helping you make informed financial decisions. Additionally, they're a faith-based company dedicated to philanthropic causes, having donated $377 million to educational and infrastructure projects in underserved communities. To learn more, visit Movement.com/faith.These steps can help you confidently prepare for your first home purchase, ensuring you're financially and practically ready when the time comes.On Today's Program, Rob Answers Listener Questions:I would appreciate your thoughts on tithing from my portfolio gains or income.Can you borrow from a long-term health insurance policy?I have $10,000 in a CD and am trying to decide whether to use it to pay down my debt.Resources Mentioned:Movement MortgageNational Christian Foundation (NCF)Christian Credit CounselorsChristian Healthcare Ministries (CHM)Look At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.

If you bought a house in the last couple of years, you've probably been wondering, “When can I refinance?”The Federal Reserve has already made one interest rate cut, and more are expected before the end of the year. So when will it make sense to refinance your mortgage?If you're considering refinancing your mortgage, it's crucial to weigh various factors before making a decision. Movement Mortgage provides a helpful article, "Refinancing? Calculate Your Break-Even Point First!", which explains when refinancing makes sense and how to determine if it's right for you. While lower interest rates are a common reason to refinance, it's not the only factor to consider.What Is the Break-Even Point?One effective way to decide if refinancing is a good move is by calculating your "break-even point." This is when the savings from your lower monthly mortgage payments equal the costs of refinancing, which can range from 2% to 5% of the loan amount. Knowing this number can clarify how long it will take before you start to see financial benefits from the refinance.For example, if you're refinancing a $200,000 mortgage, the closing costs might range from $4,000 to $10,000. If your new mortgage payment saves you $200 per month, it would take 20 to 50 months to break even. If it takes over 60 months to reach your break-even point, it might be wise to hold off on refinancing until rates improve further.Factors Impacting Your Break-Even PointSeveral costs can impact your break-even point, including:Application and Origination Fees: Costs for processing your loan.Appraisal Fees: The cost of assessing your home's current value.Title and Insurance Fees: Includes title search, title insurance, and other required reports.Prepaid Interest: Covers interest from the closing date to the end of the first month.Property taxes and homeowners insurance may also need to be paid upfront at closing, contributing to the total closing costs. The more you save in interest each month, the quicker you'll reach your break-even point.Shorter Loan Terms Lead to Faster SavingsChoosing a shorter loan term, like refinancing from a 30-year to a 15-year mortgage, can help you reach your break-even point faster. Shorter terms typically come with lower interest rates, which means you'll pay off the refinance costs sooner and less in interest over the life of the loan. However, it's important not to extend the term of your mortgage when refinancing, as doing so could result in paying more interest over time.How Long Will You Stay in the Home?Another critical consideration is your future plans. You may not benefit from refinancing if you plan to sell the home in a few years. Use the break-even point calculation to determine if it aligns with your timeline. If you break even after 24 months but intend to sell the home in 18 months, there may be better choices than refinancing.Refinancing can be smart when interest rates drop, but it's essential to calculate your break-even point and consider your long-term plans. Whether you're reducing monthly payments or aligning with your future goals, these steps can help you make a wise decision for your financial well-being.Movement Mortgage: A Christian Mortgage OptionMovement Mortgage is a Christian-founded company that has donated over $377 million to communities in the U.S. and abroad. Their efforts include providing trained service dogs for veterans and supporting local churches with ministry resources. When you refinance through Movement Mortgage, your payments help fund these initiatives, making a difference beyond your financial goals.For more information on refinancing and calculating your break-even point, visit Movement.com/faith.On Today's Program, Rob Answers Listener Questions:I've got a mutual fund called a capital appreciation fund that uses both stocks and dividends. Can I use the dividends to get into more cash than I am in the stock and be safe?I have my finances set up in a trust. Within that trust investment setup, I have a Roth IRA and a traditional IRA. My parents have passed away, and I've gotten a portion of the inheritance, with more yet to come. Do I need both the Roth IRA and traditional IRA, or should I eliminate one of them?I'm self-employed, and my wife doesn't work, so I'm ensuring I do a good job saving for retirement. I'm almost 40 years old, and I have a Roth IRA. There are some years when I have more to set aside than what my Roth IRA can accept. What is my second choice after the Roth IRA for those years when I have additional funds to save for retirement?My mom, sister, and I have our names on a home. What will happen when my mom passes away? My sister says we will automatically be able to divide her portion, but I wanted to check with you on that. I'm not sure how the home is titled—is it with the right of survivorship or joint tenants?Resources Mentioned:Movement MortgageRefinancing? Calculate Your Break-Even Point First! (Movement Mortgage Article)Look At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.

Many rules come with exceptions. Perhaps that's nowhere more true than with financial decisions.In most situations, paying off the mortgage and becoming debt-free is the right decision, but it may not be possible for everyone. Harlan Accola joins us today to discuss “red doors” and exceptions to the rule.Harlan Accola is the National Reverse Mortgage Director at Movement Mortgage, an underwriter of Faith & Finance. He is also the author of Home Equity and Reverse Mortgages: The Cinderella of the Baby Boomer Retirement.The Meaning Behind Red DoorsRed doors have rich historical significance. In biblical times, red signified safety and protection, as seen with the Israelites marking their doors during the Passover. In Scottish tradition, a red door symbolized that a home was mortgage-free—a point of pride. Early Americans painted their doors red to signal a place of rest for weary travelers.While red doors symbolize safety and accomplishment, it's important to rethink what safety truly means. Is safety just about paying off your mortgage? Or could it also mean being able to stay in your home, meet your needs, and share your blessings with others as you age?Reverse Mortgages and Financial StewardshipFor many seniors, having a mortgage-free home is a milestone of God's provision. However, a reverse mortgage (HECM) can provide additional safety, especially for those struggling to make ends meet. It allows seniors to draw income from their home equity and stay in their homes while meeting their financial needs.Seniors over 62 have over $13 trillion in home equity—a massive untapped resource. For some, a reverse mortgage could be an answer to prayer, helping cover bills and providing peace of mind. Reverse mortgages offer a unique opportunity to be good stewards of the resources God has provided, ensuring we can enjoy our homes and meet our needs in retirement.To determine if a reverse mortgage is the right solution for your situation, visit Movement.com/Faith.On Today's Program, Rob Answers Listener Questions:I am 61 years old and want to file for Social Security at 62. However, I have so much credit card and loan debt that I'm considering filing for bankruptcy, and I would like to know your take. I looked up your credit counseling thing, but they can't service one of my loans, so I didn't go any further with them.We sold a property in owner finance the property. When do we report the taxes on it? And is it a long-term capital gain? I had it for 15 years and lived in it some, but it wasn't our primary residence.I wanted to know about I-Bonds and the interest rate they're paying currently. The last I heard, you can only buy them through a website. I'm 83 and don't know much about computers. Is there a number I can call?I'm struggling to tithe because my husband and I disagree with how the church spends the money. We feel like we're the only ones who disagree, and it's difficult writing out that tithe check when we don't agree with the financial decisions. We're wondering if we're wrong or if the church is wrong. We don't want to withhold our tithe but feel the money could be spent much better.Resources Mentioned:Movement MortgageTreasuryDirect.govChristian Credit CounselorsLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.

Many believers would agree that churches should follow the same financial principles that God's Word provides for individuals. But even within that agreement, there's still plenty of room for debate. For example, should churches borrow for building and expansion projects?Borrowing for church projects can be a sensitive topic, raising important questions about finances and faith. While the Bible does not declare borrowing a sin, it does offer several warnings about its potential pitfalls. Let's explore the biblical principles and guidance for churches considering debt.Biblical Warnings About DebtProverbs 22:7 says, “The rich rule over the poor, and the borrower is a slave to the lender.” This warning reminds churches that while borrowing isn't inherently sinful, it can create a burden and dependency on lenders. The late Larry Burkett emphasized that debt can be destructive if taken to excess, and it's more about an attitude than an absolute rule.Principles for Church BorrowingFinancial expert Ron Blue offers several key principles for churches to follow when considering borrowing:The benefit should outweigh the cost.A clear repayment plan should be in place.Church leadership should be unified in the decision to borrow.Borrowing should bring peace of mind, not anxiety.The debt should align with God-given goals.These principles help guide churches in making thoughtful decisions about whether to borrow, ensuring that financial obligations don't overshadow their spiritual mission.Three Biblical Principles for BorrowingDr. Art Rainer, Director of the Institute for Christian Financial Health, encourages healthy debate on the issue of church borrowing, outlining three key principles for churches grappling with the issue of debt:Use Caution—Proverbs 22:26-27 advises against entering agreements without being sure of repayment. Churches must ensure they can meet their obligations to avoid damaging their witness.Consider the Congregation's Burden—Debt limits funds available for outreach and missions. As Proverbs 22:7 reminds us, “the borrower is a slave to the lender.”Debt Creates Opportunities for Sin—Psalm 37:21 warns against failing to repay debts. Churches should secure loans with collateral and ensure a repayment plan is in place.Despite the cautions, many churches borrow successfully to expand their ministry efforts. If your church chooses to borrow, selecting a financial institution that shares your Christian values can be a game-changer. Christian Community Credit Union (CCCU) is a trusted partner for churches, providing over $1 billion in ministry real estate loans. CCCU aligns with Christian values and offers financial tools to help ministries thrive.Making an Impact Without BorrowingEven if your church decides against borrowing, you can still make an impact. By opening an account at CCCU, you support other churches and ministries through your deposits. To learn more, visit JoinChristianCommunity.com.While borrowing isn't sinful, churches must carefully consider the financial and spiritual implications before taking on debt. By following biblical principles and partnering with the right institutions, churches can make informed decisions that support their mission to advance the Gospel.On Today's Program, Rob Answers Listener Questions:I've been seeing many of these advertisements about debt cancelation on the internet, on Facebook, and in places like that. There's one going on right now: if you're a veteran and owe $20,000 or $30,000 or more, you can get it wiped out. Is stuff like this a legitimate deal, or is it a scam?I'm selling my home and will have a surplus after buying a new home outright. I just retired and want to stay retired. Should I use the surplus to live off of, draw my Social Security, or invest the money?My question is about my retirement investment with my employer versus my investment in a high-yield savings account. I've been with my employer for three and a half years. Its growth has been 2.47% during that time, and my high-yield savings account rate is 5.2%. I'm trying to understand which investment would be most beneficial.I heard you guys talk about a reverse mortgage and was thinking about it for my 90-year-old mother. We've been in conversation with Movement Mortgage and started the process, but I got cold feet because of the fees. So, I am wondering what your thoughts are about this and whether this is a good idea. Resources Mentioned:Christian Community Credit UnionLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.