Reverse mortgages have been around for decades, but misconceptions and outdated information continue to mislead homeowners. Financial personalities like Dave Ramsey and Suze Orman often paint reverse mortgages in a negative light—sometimes based on old guidelines that no longer apply.If you’ve heard that the bank takes your home or that a reverse mortgage is “free money”, it’s time to separate fact from fiction. In [...]
When people hear the term “Reverse Mortgage,” they often react based on outdated information or misleading financial advice from personalities like Dave Ramsey and Suze Orman. However, reverse mortgages are valuable financial tools for retirees, just like permanent life insurance. Both financial products are used for retirement planning, providing cash flow, financial security, and potential benefits to heirs. But while they share some similarities, they [...]
ArticlesKevin Guttman2025-02-05T12:02:42-07:00
