Changing Perceptions of Reverse Mortgages For many years, reverse mortgages were misunderstood as loans of last resort. However, this perception is shifting as more homeowners recognize their value as strategic financial tools rather than emergency measures. Real-Life Examples of Strategic Reverse Mortgage Use Consider Grandma Pat from Colorado’s western slope. She opted for a reverse [...]
It seems like everyone has an opinion about reverse mortgages—unfortunately, most of those opinions are outdated or flat-out inaccurate. Time and again, when I sit down with clients and explain how a reverse mortgage works, I hear the same questions: "Why doesn’t everyone do this?" or "It sounds too good to be true—what’s the catch?" [...]
ArticlesKevin Guttman2025-02-05T12:02:42-07:00
