Podcasts about reverse mortgages

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.

Have you ever used your giving to steer decisions or send a message?It might seem harmless—or even wise—to designate your gift to specific ministries or withhold it when you disagree with leadership. But when our generosity becomes a tool for control, we've crossed a line. In this episode, we'll explore the subtle danger of using giving as leverage—and discover a better way rooted in surrender and trust.A Hidden Temptation in Church GivingLet's be honest—no one likes the word control when it's pointed at them. But in church life, this temptation surfaces more often than we'd like to admit.It might look like this:Giving only to certain ministries because you don't trust how the church allocates general funds.Withholding your giving when a leadership decision—like a staffing change or budget shift—doesn't sit well with you.Designating gifts to specific areas, not out of passion, but as a form of protest.On the surface, it may look like good financial stewardship. But beneath the surface, it's often an attempt to say, “I want things to go my way, and I'll use my money to make that happen.”That's not generosity. That's leverage. And Scripture warns us against it.The Corban Example: A Heart Check from JesusIn Mark 7, Jesus confronts the Pharisees for misusing a practice called Corban—a method of dedicating money or resources to God. While it sounded spiritual, the religious leaders were using it to dodge their responsibility to care for aging parents.As GotQuestions.org explains:“The Pharisees took a legitimate Corban offering and used it in an illegitimate and devious way to defraud their parents…Jesus tells the Pharisees that their misuse of Corban was an evil rationale to avoid doing what they should.”It wasn't the gift itself that Jesus condemned—it was the motive behind it.In the same way, when we give to maintain control or push our preferences, we're following the spirit of Corban. Even if our reasons sound righteous, they can mask a deeper issue: an unwillingness to surrender.From Leverage to Surrender: The Biblical CallThe Bible offers a better vision.Psalm 24:1 reminds us,“The earth is the Lord's, and everything in it.”That includes our finances. We don't give to direct the church. We give because God owns it all—and calls us to steward it faithfully.Consider the example in Acts 4. Believers sold land and possessions, then laid the proceeds at the apostles' feet. No strings attached. No demands were made about how it was to be used. Just trust, unity, and wholehearted surrender.Of course, that doesn't mean churches shouldn't be transparent or held accountable. Scripture calls leaders to wise and faithful stewardship. But giving with strings isn't about accountability—it's about control. And control is the opposite of trust.What's Driving Your Generosity?Ask yourself: What's driving my giving?Is it love for God?Faith in His provision?Worship and gratitude?Or is it something else?Preference?Power?Payback?When giving becomes conditional, it's no longer cheerful—it's contractual. We treat God's work like a business deal instead of a spiritual act of worship.But when we let go of control, something beautiful happens: we find peace. We no longer feel the pressure to manage every church decision. We can give freely, knowing God is at work—even when His ways don't align with our expectations.Moving Forward in Trust and GraceIf you realize that control has been influencing your giving, here are three steps to take:1. Confess it to the Lord. God is gracious and patient. Ask Him to realign your heart with His and help you give from a place of surrender.2. Release your preferences. You don't have to stop asking questions or seeking transparency. But your generosity shouldn't be tied to your personal comfort or preferences.3. Give with trust. Trust God's ability to work through imperfect people. Trust that when you give with the right heart, your gift brings Him glory.Because when we give to control, we place ourselves at the center. But when we give in faith, we put God at the center—where He belongs.A Resource for the JourneyWant to go deeper into the heart behind generosity? Request a copy of Faithful Steward, our quarterly magazine for FaithFi Partners. With a gift of $35/month or $400 annually, you'll receive this encouraging resource and join a growing community committed to biblical financial wisdom.Learn more at FaithFi.com/Partner.On Today's Program, Rob Answers Listener Questions:My husband's adult son often asks us for money. He and his wife are behind on their bills, but we know they also spend on partying and things like marijuana. My husband feels emotionally pulled in, especially when his son talks about possibly losing their home. We want to be generous, but we don't want to enable irresponsible behavior. How can we approach this situation in a way that's wise and biblical?I'd like to assign someone as my power of attorney, but I don't have any family members I trust to take on that role. What options do I have in this situation?Is it wise to purchase life insurance for your children or grandchildren? What are the pros and cons?I'm thinking about getting a reverse mortgage to create some extra income. Can you explain how they work, and whether they're a good idea? I'd also like to know what risks or downsides I should be aware of.Resources Mentioned:Faithful Steward: FaithFi's New Quarterly Magazine (Become a FaithFi Partner)Understanding Reverse: Simplifying the Reverse Mortgage by Dan HultquistWisdom 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.

In this eye-opening episode of Rethink Real Estate, host Ben Brady sits down with Kevin Guttman, reverse mortgage specialist and author of The Swiss Army Knife of Retirement Cash Flow, to uncover how reverse mortgages can solve complex seller challenges in today's market. Kevin shares why these often-misunderstood financial tools aren't just for seniors looking to stay put—they can be strategic game-changers for real estate agents trying to unlock stalled listings.From sellers who want to move but can't make the numbers work, to clients sitting on significant equity but unwilling to sell in a down market, Ben and Kevin break down how reverse mortgages can free up options without forcing a price drop. They share real-world scenarios where price reductions failed, explore how to identify a property problem versus a price problem, and give agents the language to introduce reverse mortgages into sensitive conversations.You'll learn the mechanics of reverse mortgages, how they can fund a purchase, bridge the gap between transactions, or simply buy a seller more time until market conditions improve. Whether you're an agent in a high-end market or navigating longer days-on-market, this episode will give you fresh, actionable strategies to keep deals moving—and relationships intact.Timestamps & Key Topics:[00:00:00] – Welcome & how reverse mortgages fit into today's market[00:00:57] – Why price isn't always the problem (and when it's the property)[00:02:10] – Kevin's background & journey into reverse mortgage lending[00:03:31] – Case studies where price cuts failed but a reverse mortgage worked[00:04:43] – Explaining reverse mortgages to sellers without scaring them off[00:05:34] – When to use reverse mortgages for purchases vs. staying put[00:06:21] – Turning “stuck” listings into long-term client opportunities

What if one financial tool could dramatically improve your peace of mind by expanding your retirement options? Jeff welcomes mortgage expert and author Ken Pitts, founder of Advisors Mortgage Services, to discuss his book, "Kinetic Wealth,” which he wrote to clear up misconceptions surrounding reverse mortgages.  In its most simple terms, a reverse mortgage is an opportunity to access the equity in your home to help with monthly cash flow, emergency expenses, and retirement planning. Ken breaks down the basics: how reverse mortgages work, how they can delay IRA withdrawals, and how they can help pay for in-home care. If you've never considered a reverse mortgage as part of your retirement planning, this conversation just might change your perspective.  Order "Kinetic Wealth” by Ken Pitts at https://kineticwealthbook.com/;   Email Ken at kpitts@kpittsmortgage.com or visit https://www.kpittsmortgage.com/   WHAT YOU NEED TO KNOW (00:00) Episode introduction.  (04:04) Education is the antidote to “Confusion says ‘no.'”  (06:56) Why are reverse mortgages so misunderstood?  (08:52) Who can benefit from reading “Kinetic Wealth?”    (12:39) What are the key benefits and qualifications for a reverse mortgage?  (14:52) How well aligned are Pennsylvania's Medicaid rules and federal reverse mortgage rules?  (16:03) What was the federal government's original intent for the reverse mortgage program?  (19:18) The big myth of reverse mortgages: “They'll take my house.”  (21:10) What protections are available to a non-borrowing spouse?  (24:16) Can the Internet be trusted as a resource to learn about reverse mortgages?    ABOUT BELLOMO & ASSOCIATES Jeffrey R. Bellomo, the founder of Bellomo & Associates, is a licensed and certified elder law attorney with a master's degree in taxation and a certificate in estate planning. He explains complex legal and financial topics in easy-to-understand language. Bellomo & Associates is committed to providing education so that what happened to the Bellomo family doesn't happen to your family. We conduct free workshops on estate planning, crisis planning, Medicaid planning, special needs planning, probate administration, and trust administration. Visit our website (https://bellomoassociates.com/) to learn more.   LINKS AND RESOURCES MENTIONED Bellomo & Associates workshops:https://bellomoassociates.com/workshops/ Life Care Planning The Three Secrets of Estate Planning Nuts & Bolts of Medicaid For more information, call us at (717) 845-5390. Connect with Bellomo & Associates on Social Media Tune in Saturdays at 7:30 a.m. Eastern to WSBA radio: https://www.newstalkwsba.com/ X (formerlyTwitter):https://twitter.com/bellomoassoc YouTube: https://www.youtube.com/user/BellomoAssociates Facebook:https://www.facebook.com/bellomoassociates Instagram:https://www.instagram.com/bellomoassociates/ LinkedIn:https://www.linkedin.com/in/bellomoandassociates WAYS TO WORK WITH JEFFREY BELLOMO Contact Us:https://bellomoassociates.com/contact/ Practice areas:https://bellomoassociates.com/practice-areas/    

This continues to happen. https://www.lehtoslaw.com

In this episode, Justin sits down with reverse mortgage expert and bestselling author Kevin Guttman to explore how reverse mortgages are transforming retirement for Baby Boomers—and opening new doors for real estate professionals. 

“Blessed are the poor in spirit, for theirs is the kingdom of heaven.” — Matthew 5:3In the final episode of our Financial Ethics series, we're tackling a message that promises health and wealth—but often leads to heartache: the prosperity gospel. Dr. David W. Jones joins us to unpack its dangers and point us back to a truly biblical view of blessing and provision.Dr. David W. Jones is Senior Professor of Christian Ethics at Southeastern Baptist Theological Seminary. He holds a Ph.D. in Christian Financial Ethics and is the co-author of Health, Wealth, and Happiness: How the Prosperity Gospel Overshadows the Gospel of Christ by Dr. W. Jones and Russell S. Woodbridge.Faith Is Not a TransactionOne of the most dangerous ideas in the prosperity gospel is that faith guarantees financial prosperity. It treats faith like a force—a tool believers can wield to compel God's blessings.But biblical faith isn't self-generated or transactional. It is a gift from God, a response to His revealed grace, and a means by which we trust Him, not a lever to gain wealth. Faith is “the eyesight of the soul”—deeply rational and rooted in the truth of who God is, not in wishful thinking or material expectations.Prosperity theology often preaches a “faith formula”: believe hard enough, and you'll be rewarded. But this distorts faith into a mechanism for personal gain. Hebrews 11:1 tells us that faith is “the substance of things hoped for, the evidence of things not seen.” It's not irrational optimism—it's a reasoned trust in the unseen promises of God.We should view faith not as a way to escape hardship or secure abundance but as a path of trusting God in all things, including suffering.The Problem with Escaping SufferingOne hallmark of the prosperity gospel is its aversion to suffering. But as Jones points out, suffering is part of living in a fallen world—and it's not something Scripture tells us to avoid at all costs. In fact, passages like 1 Peter 4:12 and 2 Timothy 3:12 remind us that suffering is to be expected for faithful followers of Christ.Rather than hinder our faith, suffering refines it. Suffering is the crucible of character. It's often through trials that we grow closest to Christ and are shaped into His likeness.God's Provision Comes Through WorkAnother distortion in prosperity teaching is the expectation of windfalls—blessings that come without effort. But God's design for provision is through work. From the beginning, humans were created to labor and create, reflecting the image of God.Working, creating, and flourishing through effort honors our design and brings fulfillment. Attempts to bypass God's design through get-rich-quick schemes ultimately violate our dignity and God's intended path for flourishing.Prosperity preachers often misuse Scripture to back their claims. One example is 2 Corinthians 8:9: “That though He was rich, yet for your sakes He became poor, that you through His poverty might become rich.”Taken out of context, it may sound like a promise of material wealth. But in its context, Paul is referring to our spiritual poverty and Christ's sacrifice to make us spiritually rich—context matters. Misreading Scripture to fit a materialistic theology distorts the gospel's central message.Giving as Grace, Not GreedProsperity theology often frames giving as a transaction: sow a seed to receive a harvest. But biblical generosity isn't about personal return—it's about grace.True giving flows from love for God and neighbor. We give not to get, but because we've already received so much. Our stewardship reflects our gratitude, not our greed. The heart of biblical giving is a response to God's grace, not a strategy for personal gain.Make your life about Christ, not your increase, not your own prosperity, but about flourishing in the image of His Son.That's the true antidote to the prosperity gospel. We aren't promised wealth, ease, or success. But we are promised Christ—and in Him, we find every blessing that matters.On Today's Program, Rob Answers Listener Questions:I'm 64 and planning to retire within the next year. I have approximately $10,000 that I won't need for income, and I'm seeking guidance on how to invest it wisely. I'm especially interested in options that align with biblical values and reflect my faith in the companies I support.My wife and I are approaching retirement. We're financially secure, and our home is fully paid off. One concern I have is not having long-term care insurance. I'm considering either a reverse mortgage or a home equity loan to cover potential long-term care expenses, but I'd like to understand the pros and cons of each option before moving forward.Resources Mentioned:Faithful Steward: FaithFi's New Quarterly Magazine (Become a FaithFi Partner)Health, Wealth, and Happiness: How the Prosperity Gospel Overshadows the Gospel of Christ by Dr. David W. Jones and Dr. Russell S. WoodbridgeUnderstanding Reverse: Simplifying the Reverse Mortgage by Dan HultquistWisdom 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.

This episode of The D Shift highlights the importance of knowing your options, particularly when going through a gray divorce. Mardi Winder-Adams is joined by Laura Phillips, a respected and seasoned reverse mortgage specialist. Together, they explore the realities and misconceptions surrounding reverse mortgages. Laura brings more than three decades of experience in mortgage lending, and her passion for helping older adults navigate this little-understood financial option is evident throughout the conversation.Laura traces the origins of reverse mortgages to the Reagan era, clarifying that these products are government-regulated loans intended for homeowners aged 62 and older. She dismantles some of the most stubborn myths, like the fear that the government will take away your home or that a you can be left unprotected. Instead, Laura explains, homeowners retain full title, and the loan simply functions as a means to convert home equity into usable cash, either through lump sums, monthly payments, or lines of credit, all without the obligation of a monthly mortgage payment.They share a practical comparison between reverse mortgages and traditional HELOCs, highlighting how reverse mortgages can be especially useful for those with limited income in retirement, offering flexibility without demanding repayment until the homeowner sells or moves out of the property. Laura also notes recent legislative changes that further protect borrowers, ensuring better safety if both spouses reside in the home.The discussion extends to considerations for anyone looking to age in place, including the ability to use reverse mortgage funds to modify homes for accessibility or to pay for in-home care. Laura urges listeners to approach these decisions thoughtfully, consult professionals, and always disclose their circumstances honestly, especially when dealing with properties that have rental units or additional occupants.This episode is a great resource for individuals contemplating their financial future after divorce, widowhood, or simply as part of their retirement planning. Laura's expertise makes the sometimes-intimidating topic of reverse mortgages feel much more manageable and relevant for anyone seeking clear information on the subject.About the Guest:Laura Phillips is a Licensed Reverse Mortgage Specialist with a mission to guide people through the entire HECM/Reverse loan process, so they feel confident about the options available for their next 30-year financial strategy. From helping real estate professionals, customers, and financial advisers navigate home financing, she helps customers find mortgage solutions that work for them. 25+ years of experience in real estate lending have taught Laura that it is not just a person's house; it's their home, and it's one of the most significant financial commitments a person will make in their life. She helps people devise strategies to enjoy their best years in their family homes. Licensed in Colorado, Arizona, California, and Florida, Laura specializes in the standard FHA HECM and proprietary PortfolioJumbo Reverse loans. As a Broker, she works with several primary reverse lenders, providing loans to enhance a client's cash flow, preserving retirement assets, or purchasing a home that meets future needs. Married 35+ years, a mother of two amazing daughters, and a pet guardian of a rambunctious King Shepherd, a German Shepherd hybrid. Having hailed from many states, all west of the Mississippi and a couple of overseas homes, she gladly calls Colorado home.To connect with Laura:Website: https://lauraphillips.com/Linkedin.com/in/laurawphillips YouTube.com/@laurawphillipsAbout the Host: Mardi Winder-Adams is an ICF and BCC Executive and Leadership Coach, Certified Divorce Transition Coach, Certified Divorce Specialist (CDS®) and a Credentialed Distinguished Mediator in

Get the best deal for seniors with a Reverse Mortgage. Credit reports offer you a new option besides the FICO, it's called VantageScore. And yes, politics in New York can ultimately affect your world in Nevada.

[Detroit Free Press] Reverse mortgage borrower accused of torching his home. [Soc Sec/NPR] Despite the Big Beautiful Bill, Social Security benefits continue to be taxed. [News Week] Home sales are frozen in the HECM's largest market. Watch our video podcast here!

Jesse Allen, President, Rate. Highlights include: reverse mortgages--niche to necessity; regulatory reforms have made reverse mortgages safer; distribution and awareness are the biggest constraints and future growth requires innovation in tech, training and messaging.

Karen & Janet start the podcast with buying and rental opportunities in Ventura County and the news is excellent for both buyers and sellers!  Their first guest is The Revers Mortgage Queen of North America, Shelley Wells!  Shelley talks about HOA's & Condos, the things you need to know when you are considering a reverse mortgage.  How insurance, HOA Fees and rental fees for Mobile Home spaces can affect your decisions.  Shelly has been working in Ventura County market for years, she is an expert on reverse mortgages.  Their next guest is Chris Amendt, a local landscaper who creates spaces that are beautiful and Monarch Butterfly friendly. Chris has a wealth of knowledge when it comes to monarch friendly habitats, check her website at nativemonarchs.org. Karen, Janet & Shelley wrap-up the podcast with a roundtable discussion on relocation and real estate!

In this conversation, John Harcar interviews Ken Pitts, a seasoned mortgage professional, about reverse mortgages. Ken shares his extensive background in real estate and lending, discussing the evolution of the mortgage industry and the common misconceptions surrounding reverse mortgages. He emphasizes the importance of understanding the product and having a solid plan for its use, especially for seniors looking to tap into their home equity for retirement. The discussion also touches on regulatory changes that have made reverse mortgages safer and more beneficial for homeowners. 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 conversation, Stephen Schmidt interviews Damahco Ousley, a reverse mortgage specialist, to discuss the intricacies of reverse mortgages, particularly for seniors. Damahco shares his background in the service industry for seniors and explains how reverse mortgages can be a beneficial financial tool for those looking to tap into their home equity without the burden of monthly payments. The discussion addresses common misconceptions, the mechanics of how lenders profit, and the importance of educating seniors about their options in retirement planning.   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   —--------------------

[HECMWorld] Do digital newsletters generate reverse mortgage leads? [Santa Monica Daily Press] California's $100 Million Mortgage Relief Program Includes Reverse Mortgages. [The Federal Reserve] Projected 2026 HUD layoffs, and the Trump administration is scrambling to rehire federal workers despite plans for further layoffs in 2026. Watch our video podcast here!

Janet & Karen start-off the podcast with buying & renting opportunities throughout Ventura County... and their first guest, Grant Liechfuss of Berkshire Hathaway HomeServices talks about buying opportunities around the county from Ventura to Simi Valley.  Grant tells us that buyer confidence has returned and real estate remains to be one of the best ways to build wealth, find out when the best time to buy is, it could be right now!  The Reverse Mortgage Queen of North America is next, Shelley Wells tells you how a reverse mortgage can be a great way to purchase something you otherwise could not afford, Shelly has the inside tips.  Karen & Janet's last guest is Susan Noone from Vitalant, The Blood Provider for Ventura County! Today is National Blood Donor Day and Susan tells us how important it is to give blood and the fun gifts you will receive for giving this month!  Appointments are available and it takes less than an hour to donate a pint of blood and literally save a life!  Another incredible and informative podcast from Girls On The Air! 

If your retirement plan includes staying in your home, you'll want to hear this conversation…In this episode of The Agent of Wealth Podcast, host Marc Bautis is joined by Kevin Guttman, Certified Reverse Mortgage Professional and author of A Reverse Mortgage Changed My Life: Real Stories of Hope, Courage, and Inspiration. Together, they break down the often misunderstood world of reverse mortgages – also referred to as “retirement mortgages.” With over two decades of experience, Kevin explains how these loans can offer older homeowners financial security, flexibility, and peace of mind – all while allowing them to stay in their homes.In this episode, you will learn:How retirement/reverse mortgages differ from traditional home loans and HELOCs.Who qualifies for a reverse mortgage and how to determine if it's the right fit.The three ways retirees can access their home equity – and which might make the most sense.The most common misconceptions about reverse mortgages (and the truth behind them).How to start a productive conversation with aging parents about home equity and long-term financial goals.And more!Tune into this episode to hear how home equity can support long-term retirement goals!Resources:Episode Transcript & Blog | reversemortgagerevolution.com | A Reverse Mortgage Changed My Life: Real Stories of Hope, Courage, and Inspiration | Bautis Financial: 8 Hillside Ave, Suite LL1 Montclair, New Jersey 07042 (862) 205-5000 | Schedule an Introductory Call

We offer 2nd mortgages on primary, secondary, and investment propertieswe do purchases or refinances on Conventional, FHA, VA, and Non- Qm mortgages, We do Reverse Mortgages, Construction Permanent loans, FHA203k, and Conventional Renovation loans. Let me know how we can help you or someone  you knowtune in and learn at https://www.ddamortgage.com/blogDidier Malagies nmls#212566dda mortgage nmls#324329 Support the show

Hey, Note Closers! In this episode of The Note Closer Show, Scott Carson dives deep into the world of reverse mortgages and how to potentially profit from them! Scott walks through the process of evaluating a tape of 52 reverse mortgages, offering insights into identifying deals, assessing property values, and understanding the foreclosure process in different states. Learn how to analyze potential profits, estimate rehab costs, and navigate the complexities of HUD and BPOs. Whether you're a seasoned note investor or just starting out, this episode is packed with actionable information to help you make informed decisions.Here's What You'll Discover:Reverse Mortgage Overview: Understand the basics of reverse mortgages, including how they work, why they default, and the potential equity involved.Tape Analysis: Learn how to analyze a tape of reverse mortgages, including key data points like BPO, estimated full payoff, and foreclosure status.State-Specific Foreclosure Processes: Discover the differences in foreclosure timelines between states like Oklahoma and North Carolina and how that impacts your investment strategy.Valuation & Rehab: Strategies for evaluating property values, estimating rehab costs, and determining if a property is worth foreclosing on vs. selling as-is.BPO & Due Diligence: The importance of obtaining Broker Price Opinions (BPOs) and conducting thorough due diligence, including title reports and interior inspections.Profit Calculation: Walk through calculating potential profits, considering factors like money costs, closing costs, and potential returns at foreclosure auctions.Property Examples: Review of real property examples, including analysis of estimated values and rehab estimatesThe 8-9 reverse mortgages that look attractive.Don't forget to like, subscribe, and hit the notification bell so that you are the first to know about new episodes and note investing strategies!Conclusion:Evaluating reverse mortgages can be overwhelming. In this episode, Scott breaks it all down to make it manageable. Make sure to perform the due diligence to determine a property's real potential!Map of the NotesWatch the Original VIDEO HERE!Book a Call With Scott HERE!Sign up for the next FREE One-Day Note Class HERE!Sign up for the WCN Membership HERE!Sign up for the next Note Buying For Dummies Workshop HERE!Love the show? Subscribe, rate, review, and share!Here's How »Join the Note Closers Show community today:WeCloseNotes.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes Pinterest

[The West Australian] Why Australia has a backlog of 16,000 reverse mortgage applications. [Investopedia] Six ways retirees can manage debt.  [The Federal Reserve] Key takeaways from the Federal Reserve's Household Economic Well-Being Report. Watch our video podcast here!

Jay and his guest Ken Smith from Churchill Mortgage will spend the whole hour discussing “Everything Reverse Mortgage 2.0.”  Ken Smith has been an expert in reverse mortgage for 20 years and he will answer... The post EVERYTHING REVERSE MORTGAGE 2.0 – 05-24-25 appeared first on Jay Garvens.

Jay and his guest Ken Smith from Churchill Mortgage will spend the whole hour discussing “Everything Reverse Mortgage 2.0.”  Ken Smith has been an expert in reverse mortgage for 20 years and he will answer... The post EVERYTHING REVERSE MORTGAGE 2.0 – 05-24-25 appeared first on Jay Garvens.

Reverse mortgages are misunderstood and can be a great asset in retiring comfortably. 844-935-3634, call us! Debbie Marcoux - AZ-0941504, CA-237926, Fl-LO76508, GA-69178, ID, IL-031.0058339, NC, NV-57237, OR, TN-184373, TX, WA-MLO-237926 | JMJ Financial Group NMLS ID #167867 |Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act, Licensee Number 01134087. Interest rates and products are subject to change without notice and may or may not be available at the time of loan commitment or lock-in. Borrowers must qualify at closing for all benefits.

On this episode of the Wicked Pissah Podcast, we are joined by Stephen Pepe of Longbridge Financial, LLC, where he is a top producing Loan Officer, Reverse Mortgage Consultant and industry expert in reverse mortgages.   Steve shares with us his expertise in the different ways that reverse mortgages can be used for both current and long-term financial planning purposes, regardless of your income and net worth, sheds some of the myths regarding reverse mortgages, and outlines both the process for opening a reverse mortgage and the regulations in place to keep the consumer safe.  Steve even touches on his musical talents outside of the reverse mortgage world.  Get ready to learn and enjoy this episode of the Wicked Pissah Podcast. 

Longtime homeowners on Chicago's West Side trust Mark Diamond to help them access funds and carry out necessary home repairs. However, they are often unaware that they are entering into reverse mortgage agreements. The repairs are never completed, and Diamond disappears with the money, leaving families desperately struggling to save their homes from foreclosure.

In this episode of The TMA Connection, Tim sits down with Kristin Woods of PRMI to talk all things interest rates and reverse mortgages. With years of experience in the mortgage industry, Kristin breaks down how she helps clients navigate today's shifting rates and makes reverse mortgages work as a powerful tool for the right borrower. Kristin shares the strategies, education, and real-world examples that help demystify reverse mortgages—and why they might be a smart solution more people should consider. Subscribe to The TMA Connection on your favorite podcast platform, or watch the full episode on YouTube by searching “The TMA Connection.” Don't forget to like, comment, and share—your support helps us continue sharing stories that matter.

Are you a woman navigating divorce and wondering how to stay financially stable without draining your retirement?This episode explores how reverse mortgages—often misunderstood or overlooked—can be a powerful tool for women going through divorce. With expert insights from mortgage specialist Laura Phillips, host Heather Quick breaks down how this financial strategy can provide long-term security when you need it most.Understand how reverse mortgages can protect your retirement savings.Learn the eligibility criteria and how they specifically apply to divorced women.Discover the most common misconceptions about reverse mortgages—and the truth behind them.Tap play now to learn how you can turn your home equity into peace of mind during and after divorce.Join us on our podcast as we navigate the complexities of marriage, divorce, separation, and all related legal and emotional aspects, including adultery, alimony, child support, spousal support, timesharing, custody battles, and the financial impact of dissolution of marriage.Interested in working with us? Fill out this form here to get started. Not quite ready? Interact with us on socials! Linktree: https://linktr.ee/FloridaWomensLawGroup Florida Women's Law Group Website: https://www.floridawomenslawgroup.com/Laura Phillips's Links:Official website: https://lauraphillips.com/Instagram: https://www.instagram.com/laurawphillips/Facebook: https://lauraphillips.com/LinkedIn: https://lauraphillips.com/Disclaimer: This podcast is for informational purposes only and is not an advertisement for legal services. The information provided on this podcast is not intended to be legal advice. You should not rely on what you hear on this podcast as legal advice. If you have a legal issue, please contact a lawyer. The views and opinions expressed by the hosts and guests are solely those of the individuals and do not represent the views or opinions of the firms or organizations with which they are affiliated or the views or opinions of this podcast's advertisers. This podcast is available for private, non-commercial use only. Any editing, reproduction, or redistribution of this podcast for commercial use or monetary gain without the expressed, written consent of the podcast's creator is prohibited.Thank you for listening, please leave us a review and share the podcast with your friends and colleagues. Send your questions, comments, and feedback to marketing@4womenlaw.com.

Episode #551 is full of information on buying & selling opportunities along with rentals in Ventura County. Janet & Karen and their special guest Suzzie Brown from Berkshire Hathaway Home Service Properties urge landlords and tenants attend this Tuesday's Ventura City Council Meeting that will address tenant investment ordinances.  Shelly Wells is next informing us about the advantages of a reverse mortgage, how you can qualify and what the money means to you.  They close out the podcast with an extensive conversation on insurance with Denise from Palladin Professional Insurance Services.  More carriers are opening which is good news, Denise talks about the new fire maps and how they affect homeowners, learn how the map is created.  Ordinance and law, what the top claims are, what a Shock Loss Claim is compared to Water Loss Claims... which are covered and how they affect your rate and coverage.  Everything you need to know on this GOTA Show!

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 examine the "sell U.S." trade Plus, Robbie sits down with Finance of America's Ashley Smith and Ryan Schmidt to talk about why reverse mortgages deserve more attention from the broader mortgage industry and what's holding back adoption. And we discuss why U.S. Treasuries aren't behaving like normal in this volatile environment.Xactus is a leading fintech committed to the continued transformation of the mortgage verification industry. Pioneering a new class of technology – Intelligent Verification – Xactus is redefining how the industry originates and services mortgages. With Xactus360, our industry-first Intelligent Verification Platform, we put the full power of the market's leading verification partner into a user-centric technology that harnesses real-time insights to power automated actions enabling clients to make faster, better decisions with the right data at the right time. 

Thinking about retirement, but a lot of your equity is tied up in your home? Today on the Jon Sanchez Show at 3pm, we will discuss the process, as well as the pros and cons of reverse mortgages and how they can unlock your home's equity value.

On this episode of the HouseKeys Podcast, we chat with Liz Andersen, SAR Board Member and Preferred Partner Chair, about her journey from Truckee, CA to an established career in Reverse Mortgage Lending. She shares how patience, purpose, and people shaped her path, and why connection matters more than ever. Music: Welcome to the Show by Kevin MacLeod Link: https://incompetech.filmmusic.io/song/4614-welcome-to-the-show  License: https://filmmusic.io/standard-license  All speakers in this podcast do not speak on behalf of the Sacramento Association of REALTORS® nor do they represent the Sacramento Association of REALTORS®. All presenters are speaking on behalf of their own profession.

Wealth Formula Network, our online mastermind group, is where we dive into the financial questions that keep us up at night, and one debate that keeps coming up is whether to pay off your mortgage. It's a complex question, but let's unpack the math and the emotion so you can decide for yourself. First, think of your mortgage as a lever: with just 20% down, you control 100% of your home's value. On a $500,000 property, that means your $100,000 down payment magnifies the impact of appreciation. If home values rise 4% in a year, your equity grows by $20,000—an effective 20% return on your original $100K. Had you paid the full $500,000 up front, you'd still make the same $20,000—but that's only a 4% return on investment. Next, consider opportunity cost. Every extra dollar you funnel into your mortgage is a dollar you can't deploy elsewhere—whether it's a diversified stock portfolio, a private deal, or even another rental property. Historically, a balanced investment mix has returned 10% annually, comfortably outpacing most mortgage rates and turning “trapped” home equity into “working” capital. Here's something else you might not have considered: your mortgage can actually serve as asset protection. Creditors (or an overzealous bank) are far less likely to tap a property that still carries a lien. By keeping a mortgage in place, you make your home less attractive as collateral and shield your equity in other holdings. So, when you run the numbers, the case for holding onto lower cost debt and investing the difference is compelling. But, math isn't everything. There's intangible value in the day you write “0.00” next to your mortgage balance: no monthly housing payment, no looming due dates, and a deep sense of security—especially as you head toward retirement. Bottom line—there is no single correct answer. Know the pros and cons, weigh your financial goals against your emotional needs, and choose the path that aligns with both your head and your heart. Make that decision thoughtfully, and you'll sleep better either way. Speaking of mortgages, have you ever wondered what reverse mortgages are all about? Those late-night commercials often make them seem like a ways to rip-off seniors. Is there something really useful there? Well, I invited an expert onto the show to teach us all about them and was pleasantly surprised. Reverse mortgages can be a smart tool for homeowners nearing retirement and something you might consider for yourself someday even if you've got other money. Curious to learn more? Tune in to this week's episode of Wealth Formula and get the full story.

Send us a textJoin us on Average Joe Finances as our guest Kevin Guttman, a seasoned reverse mortgage professional. Kevin shares his journey from managing his father's rental properties at a young age to entering the mortgage industry in 2004. He discusses the evolution of reverse mortgages, highlighting crucial changes made in 2015 to protect homeowners. Kevin explains the advantages of reverse mortgages for retirees, emphasizing the importance of financial education and multiple income streamsIn this episode:Understand how reverse mortgages can provide tax-free income and eliminate monthly payments for retirees.Discover the updated regulations that make reverse mortgages safer and more accessible than ever before.Gain clarity on common misconceptions and why reverse mortgages aren't just a “last resort” option.Explore how leveraging home equity strategically can fund retirement, long-term care, or new investments.And so much more!Key Moments:00:56 Meet Kevin Guttman: Reverse Mortgage Expert01:20 Kevin's Journey into Real Estate02:36 The Power of Real Estate in Building Wealth04:50 Reverse Mortgages: An Overview07:32 Regulations and Changes in Reverse Mortgages11:04 Client Success Stories and Impact14:07 Unlocking Equity and Financial Freedom17:36 Diversifying Income Streams19:05 The Reality of Retirement19:50 Educating the Next Generation21:33 Options for Aging Parents22:57 Understanding Reverse Mortgages24:56 Lessons from Financial Mistakes29:59 Valuable Resources and Recommendations31:20 Final Thoughts and FarewellFind Kevin Guttman:Website: https://heromortgageloan.com/Facebook: https://www.facebook.com/LenderYouCanTrust/Instagram: https://www.instagram.com/kevin.guttmanLinkedIn: https://www.linkedin.com/in/kevinguttman/Youtube: https://www.youtube.com/@KevinGuttmanAverage Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comAbout Tawnya: https://www.themoneylifecoach.com/Show Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the show

Tune into our weekly LIVE Mastermind Q+A Podcast for expert advice, peer collaboration, and actionable insights on success in the Probate, Divorce, Late Mortgage/Pre-Foreclosure and Aged Expired niches!Today's episode of the All The Leads Mastermind podcast began with a discussion on executor liability, covering the limited legal risks involved and emphasizing transparency, timely action, and the importance of distinguishing administrative guidance from legal advice. The conversation moved into strategies for avoiding liability, including documenting decisions and working closely with probate attorneys, especially in markets with higher litigation risk. The group then tackled challenges around reverse mortgages in probate, particularly in California, noting automatic foreclosure timelines and the need for clear communication with heirs. This led to a deeper dive into navigating attorney resistance when a personal representative wants to work with an agent the attorney hasn't chosen. Coaches advised agents to maintain strong client relationships, remain professional, and take a long-term view on building trust with attorneys. Later, the hosts outlined the essential vendor network categories every probate agent should develop: white-collar professionals, blue-collar service providers, and niche specialists like estate sale companies and appraisers. The episode concluded with a heartfelt discussion about a new agent's commission dispute, offering broader lessons on setting expectations, respecting mentorship, and maintaining a resilient mindset early in your career.Previous episodes: AllTheLeads.com/probate-mastermindInterested in Leads? AllTheLeads.comJoin Future Episodes Live in the All The Leads Facebook Mastermind Group:  https://facebook.com/groups/alltheleadsmastermindBe sure to check out our full Mastermind Q&A Playlist Support the show

Send us a textThink reverse mortgages are only for those in financial distress? Think again! In this episode, Kevin Guttman, a leading expert in reverse mortgages, debunks common myths and reveals how savvy retirees are leveraging their home equity as a powerful tool for wealth-building, legacy creation, and more.In this insightful episode, Kevin Guttman breaks down how reverse mortgages have evolved from a misunderstood financial tool to a strategic asset for wealth-building.Key Takeaways:What is a Reverse Mortgage? A reverse mortgage allows homeowners aged 62+ to convert home equity into tax-free funding without the burden of monthly mortgage payments.Myth-Busting Reverse Mortgages: Common misconceptions include fears of losing home ownership or the loans being “too expensive.”Strategic Uses of Reverse Mortgages: From increasing buying power and accessing long-term care funding to creating wealth through real estate and investment.Key Differences from HELOCs and Traditional Mortgages: Unlike traditional loans, reverse mortgages don't require monthly payments, and interest is deferred.

Send us a textTune in to listen to the full podcast!Follow us @https://twitter.com/loombainvesthttps://www.instagram.com/loombainvesthttps://www.facebook.com/Loombainvesthttps://www.linkedin.com/in/vinkiloomba#realestate #realstateinvesting #multifamilyinvesting #passiveinvesting

What if the most powerful tool for helping seniors stay in their homes—and grow your business—is one you're barely using? In this episode, I talk with Ben McCabe, founder of Bloom, about how reverse mortgages can help seniors stay in their homes—and how brokers can use this tool to serve more clients and grow revenue. We break down the top use cases, where to find deals, and how to explain the product with confidence. If you've ignored reverse mortgages as too niche or complex, this conversation will change your perspective. In this episode, we'll cover: Identifying the Right Clients: How to spot the three most common reverse mortgage use cases—cash flow help, retirement income, and living inheritance. Unlocking Opportunities in Your Existing Database: How to filter for high-potential clients using LTV, age, and renewal dates. Building New Referral Sources: How to tap into overlooked networks like financial planners, family lawyers, and home care providers. Addressing Misconceptions: Tools and talking points to counter outdated beliefs about equity loss and cost. Using Bloom's Tools to Close More Deals: Financial illustrations, cash flow comparisons, and client-ready info packs that simplify the conversation. To connect with Ben, you can check out the links below: Instagram Facebook LinkedIn https://www.bloomfin.ca/   Follow me on Instagram: www.instagram.com/scottpeckford/ I Love Mortgage Brokering: www.ilovemortgagebrokering.com Find out more about BRX Mortgage: www.whybrx.com Subscribe to my 3-2-1 Thursday Email I Love Mortgage Brokering is in partnership with Ownwell.  To see how top brokers are keeping clients engaged and generating leads from their database, visit ownwell.ca.

In this episode, Stephen Schmidt interviews Michael Banner, a veteran in the mortgage industry, focusing on the often misunderstood product of reverse mortgages, particularly the purchase reverse mortgage. Michael shares his journey into the mortgage world, his passion for helping older Americans secure their financial futures, and the importance of educating real estate agents about these products. The conversation highlights the challenges and misconceptions surrounding reverse mortgages and emphasizes the need for better communication and understanding in 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   —--------------------

Think reverse mortgages are a last resort or a financial trap? Think again! In this eye-opening episode, mortgage expert Kevin Guttman debunks common myths, reveals the hidden advantages of reverse mortgages, and explains how seniors can unlock financial freedom, boost their retirement income, and even help their loved ones—all while living in the home they love.   In this episode of the Registered Investment Advisor Podcast, Seth Greene speaks with mortgage expert and author Kevin Guttman. He shatters common misconceptions about reverse mortgages, explaining how they can be a powerful tool for financial security, retirement planning, and even wealth-building. As the author of Reverse Mortgage Revolution and Reverse Mortgage Changed My Life, Kevin shares expert insights on how seniors can turn home equity into a strategic asset—without the financial pitfalls that so-called experts like Dave Ramsey and Suze Orman warn against.   Key Takeaways: → Why Dave Ramsey and Suze Orman are wrong about reverse mortgages. → How reverse mortgages are not considered income. → Why reverse mortgages boost purchasing power. → How a reverse mortgage can help stabilize financial security. → How heirs should handle repayment of reverse mortgages.   ​Kevin Guttman is a seasoned mortgage professional specializing in reverse mortgages, dedicated to helping seniors achieve financial stability and peace of mind. With a deep understanding of the unique needs of retirees, Kevin offers personalized solutions that empower clients to access their home equity while maintaining ownership of their homes. His commitment to ethical practices and client education has made him a trusted advisor in the industry. Through his work, Kevin strives to provide financial freedom and improved quality of life for the senior community.   Connect With Kevin: Kevin Guttman X Facebook LinkedIn   Learn more about your ad choices. Visit megaphone.fm/adchoices

Mortgage Trends and Tips, with Todd Sheppard, Inspired Mortgage Brokers (North Fulton Business Radio, Episode 866) In this episode of North Fulton Business Radio, host John Ray welcomes Todd Sheppard, owner of Inspired Mortgage Brokers, to discuss the intricacies of the mortgage industry. They delve into Todd’s background, the benefits of working with an independent mortgage […] The post Mortgage Trends and Tips, with Todd Sheppard, Inspired Mortgage Brokers appeared first on Business RadioX ®.

Mortgage Trends and Tips, with Todd Sheppard, Inspired Mortgage Brokers (North Fulton Business Radio, Episode 866) In this episode of North Fulton Business Radio, host John Ray welcomes Todd Sheppard, owner of Inspired Mortgage Brokers, to discuss the intricacies of the mortgage industry. They delve into Todd’s background, the benefits of working with an independent mortgage […]

Think reverse mortgages are a last resort or a financial trap? Think again! In this eye-opening episode, mortgage expert Kevin Guttman debunks common myths, reveals the hidden advantages of reverse mortgages, and explains how seniors can unlock financial freedom, boost their retirement income, and even help their loved ones—all while living in the home they love. In this episode of Sharkpreneur, Seth Greene speaks with mortgage expert and author Kevin Guttman. He shatters common misconceptions about reverse mortgages, explaining how they can be a powerful tool for financial security, retirement planning, and even wealth-building. As the author of Reverse Mortgage Revolution and Reverse Mortgage Changed My Life, Kevin shares expert insights on how seniors can turn home equity into a strategic asset—without the financial pitfalls that so-called experts like Dave Ramsey and Suze Orman warn against.   Key Takeaways: → Why Dave Ramsey and Suze Orman are wrong about reverse mortgages. → How reverse mortgages are not considered income. → Why reverse mortgages boost purchasing power. → How a reverse mortgage can help stabilize financial security. → How heirs should handle repayment of reverse mortgages.   ​Kevin Guttman is a seasoned mortgage professional specializing in reverse mortgages, dedicated to helping seniors achieve financial stability and peace of mind. With a deep understanding of the unique needs of retirees, Kevin offers personalized solutions that empower clients to access their home equity while maintaining ownership of their homes. His commitment to ethical practices and client education has made him a trusted advisor in the industry. Through his work, Kevin strives to provide financial freedom and improved quality of life for the senior community.   Connect With Kevin: Kevin Guttman X Facebook LinkedIn   Learn more about your ad choices. Visit megaphone.fm/adchoices

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.

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 called a Home Equity Conversion Mortgage—what many of you know as a reverse mortgage. But today’s reverse mortgage isn’t what it used to be. On today's Faith & Finance Live, Rob West will welcome Harlan Accola to unpack how they work and whether one might be right for you. Faith & Finance Live is a listener supported program on Moody Radio. To join our team of supporters, click here.To support the ministry of FaithFi, click here.To learn more about Rob West, click here.To learn more about Faith & Finance Live, click here.See omnystudio.com/listener for privacy information.

This podcast segment covers a recent federal court ruling against Texas Capital Bank over reverse mortgage tail securities has sparked concerns about systemic risk to warehouse lending and Ginnie Mae's role in protecting lender interests.------------------------------------------------------------------Alice Alvey, Master CMBVice President Partner Education and Training at Union Home MortgageShe handles development of their World Class Training program designed to support UHM partners and organizational effectiveness.Prior to UHM, Alice served as Senior Vice President at Indecomm leading the Indecomm-Mortgage U division, Internal QA and Compliance and SaaS technologies. Indecomm acquired Mortgage U in 2013, where Alice was President/Co-founder, providing training and consulting since 1996. Prior to MU she served as SVP of Operations at a national bank overseeing operations for wholesale, retail and correspondent from underwriting through servicing, and compliance.She has been in the trenches of mortgage lending operations from application through servicing for over 30 years. Her authoring work in training content, policies and procedures and the FHA/VA Practical guides illustrates her ability to bridge regulatory requirements with day-to-day operations.Alice has been a weekly contributor to the Lykken on Lending show since its beginning in April 2009 and has made her weekly contributions to 450+ episodes!

In this eye-opening episode, we sit down with Tim Kennedy, a Certified Reverse Mortgage Professional, who's on a mission to re-educate the public and the real estate industry on the untapped power of reverse mortgages. From avoiding credit card debt to funding bucket list adventures (and surviving a machete-wielding tenant!), this episode proves that reverse mortgages aren't just for the desperate. They're for the smart and strategic. Key takeaways to listen for Reverse Mortgage 101: What it is, how it works, and why it's not a scam Why setting up a reverse mortgage line of credit early could be your best retirement move Common misconceptions about heirs, ownership, and taxes Ways reverse mortgage funds can reduce your tax burden Reasons you need a CPA, financial advisor, and mortgage pro when planning for retirement success Resources mentioned in this episode NRMLA Movement Mortgage It's Just A Mortgage - LI News Radio About Tim Kennedy, CRMPTim is a seasoned professional specializing in the financial tool of reverse mortgages since 2008. With a commitment to helping seniors maintain their security, financial independence, dignity, and control, Tim has become a trusted expert in the field. As a speaker, consultant, and senior advocate, he has utilized his expertise, knowledge, and experience to assist countless individuals and families. Connect with Tim Website: Tim Kennedy | Reverse Mortgage Loan Officer | Valhalla, NY LinkedIn: Timothy M. Kennedy, CRMP Instagram: @tkennedyfff Facebook: Tim Kennedy TikTok: @reversemortgageguru Phone Number: 516-729-6040 Connect with LeighPlease subscribe to this podcast on your favorite podcast app at https://pod.link/1153262163, and never miss a beat from Leigh by visiting https://leighbrown.com. DM Leigh Brown on Instagram @ LeighThomasBrown. Sponsors"You Ask. Leigh Answers." Your Affordable Coaching ProgramHey there, real estate pros! Are you ready for some more Leigh Brown wisdom in your life? Then don't miss out on my brand-new program, "You Ask. Leigh Answers." It's your exclusive gateway to the insights and advice you need to supercharge your real estate business. With "You Ask. Leigh Answers." you get Direct Access to Leigh Brown, directly! Expert Coaching, Community Connection, and Extensive Resources. Whether listening to this on the go or watching at home, sign up today at Answers.RealEstate and take your business to the next level. Trust me, you'll be glad you did!  

Hey Note Closers! Scott Carson here, taking you on a real-world adventure to analyze a potential reverse mortgage deal in Georgetown, Texas. This isn't just about numbers; it's about getting boots on the ground and seeing the property firsthand.The "Green Acres" Deal:This case study focuses on a reverse mortgage located on Green Acres Drive in Georgetown, TX. The property is a three-bedroom, two-bath home on a third of an acre. The borrower has passed away, and the note is now available for purchase.Key Aspects Covered:On-Site Due Diligence: I share my experience of driving to the property and conducting a walkthrough. This includes assessing the neighborhood, the condition of the property, and any potential red flags.Property Condition Assessment: We discuss the condition of the property, including the need for a new roof, sheetrock repairs, and general updates.Market Analysis: I compare the property to nearby comps and discuss the challenges of valuing properties in rural areas with limited zoning.Reverse Mortgage Considerations: We explore the unique aspects of reverse mortgages, including the foreclosure process and potential exit strategies.The Decision: Based on the on-site assessment and market analysis, I share my decision on whether or not to pursue this deal.Why This Matters:This episode emphasizes the importance of going beyond the numbers and conducting thorough on-site due diligence. You'll learn how to assess the condition of a property, evaluate the surrounding neighborhood, and identify potential challenges that could impact your investment.Watch the original Walk Through Video HERE!Watch the original Video Episode HERE!Book a call with SCOTT HERE!Love the show? Subscribe, rate, review, and share!Here's How »Join the Note Closers Show community today:WeCloseNotes.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes PinterestGet signed up for the Next Virtual Note Buying Workshop Now!

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.