Reverse Mortgage Radio

Merry Christmas, my wish for you this holiday... peace of mind...

Join us as we celebrate Christmas and all that comes with the Holiday Season... from a reading of Clement Clarke Moore's "A Visit from St Nicholas" to learning what people who have actually used the Modern Reverse Mortgage report as their #1 gift... Peace of Mind! Priceless...
And... a reminder that starting 1/1/2023 HUD is increasing their Reverse Mortgage Lending Limit by $118,500 all the way to... drum roll please... $1,089,300! Amazing, and could not come at a better time for homeowners wanting to take advantage of still near record high home values! 

Practical application of the modern reverse mortgage

Getting familiar with the basics, how the Modern Reverse Mortgage works, is only part of the good news when it comes to this amazing financial planning tool. This week we are going to look at some interesting applications of how the Modern Reverse Mortgage is being used to help older home owners to live their best lives possible - all without having to make or worry about making a monthly mortgage payment!

Christmas has come early - HUD announces a major increase to the Modern Reverse Mortgage!

How about some good news! HUD this week announced an increase to their Maximum Claim Amount, otherwise known as the FHA Lending Limit... and increase of $118,500! Beginning 1/1/2023 the maximum amount that HUD looks at in their calculations increases from the current $970,800 to $1,089,300! Amazing good news for many homeowners who have found that the dramatic rise in home values have now placed them in the previously rarified air of million dollar plus homes... common now in many part of the country!

The gift of Peace of Mind...

Did you know that even with all of the financial advantages that borrowers find using the Modern Reverse Mortgage the one that they report on most often is something that can not be measured with a decimal point or a dollar sign? Peace of Mind is the most common answer by those who have actually used the Modern Reverse Mortgage... and who couldn't use more of that right now? If you or someone you know would like to live with greater safety, security and financial independence, you will want to tune it to this weeks show.

Life is like a cruise, until it isn’t...

Have you ever had plans that just didn't work out? Perhaps that dream job you wanted, or the piece of real estate you hoped to buy just didn't pan out? You're not alone! Most of us have had life toss us something completely different that what the fancy brochure said! But, you do have options, and options begin with awareness... you have to know what your choices are at this point in life... join us today while we look into some of the practical applications of the Modern Reverse Mortgage - a program who's time has truly come!

Reverse Mortgage ”housekeeping”

This week Ted is in Mexico... but the show must go on! Tell me, have you ever been on a cruise? Well, this is my very first, please share with me your tips and tricks if you would, this definitely won't be my last!
But this week are going to look at the inside of the Modern Reverse Mortgage, what are some of the things you need to know once you have one in place, how to plan for the end, what ever that may look like, and some overall insight into just how similar, and how different, the modern reverse mortgage can be from a regular or conventional mortgage.

What does the process of getting a Reverse Mortgage look like?

Every journey begins with a single step, and congratulations, the most important step is just what you are doing right now... discovery, awareness, education... you can not use any financial solution unless you know what that solution is and how it works. Join us as we review just what steps go into your Reverse Mortgage journey. Ever wonder how the Modern Reverse Mortgage compares to a the process of getting a conventional mortgage? Today's show will give you clean and concise information, from a name you know and trust, Mutual of Omaha Mortgage.

A Realtors perspective on selling more homes with the HECM for Purchase!

As we get back to "normal" with the housing market, no more crazy sellers market...  and interest rates impacting borrowers ability afford what they might have just a few months ago, this gives us a chance to revisit a powerful purchase option for one of the most solid buyer demographics, boomers age 62 or better. We have a special guest this week to share with us first hand insight Learn how you can find a solution and help more clients afford more house.