#101The Truth About Reverse Mortgages

If you’re at least 62 years old and have significant equity in your home, you might be considering a reverse mortgage loan and be wondering if it's the best option for you. You may be thinking things like, "Will my children have any inheritance if I get a reverse mortgae?" or even "Would I still own my home?"

On this episode Dino Katsiametis had the pleasure of interviewing reverse mortgage experts Robert & Renee Trommler.  This insightful look into the advantages to retiring with a reverse mortgage, dispells many of the myths surrounding this type of loan.  Here is  sample of just a few of the questions that were answered during the show:

1. What are the differences between a reverse mortgage and a home equity loan?

 

2. What are the Qualifications someone needs to get a Reverse Mortgage?

 

3. What are the benefits of a Reverse Mortgage?

 

4. What is the biggest challenge to putting a Reverse  Mortgage into place?

 

5. How much money can you get from a Reverse Mortgage?  Can  you take the full amount of your home’s worth?

Visit www.MoneyMattersWithDino.com to get caught up more financial news or to get a hold of Dinio.