Quick overview of reverse mortgages. How they work, different product options, qualifications, requirements
(1:45min)
HECM is the most common type of reverse mortgage and allows for a variety of options (line of credit, lump sum, monthly distributions)
(2:27min)
HomeSafe is a proprietary reverse program that can be more flexible than the standard HECM options
(2:44 min)
This can a pre-retirement option that allows for smaller payments for 10 years and then can revert to a reverse with no monthly payments
(2:07 min)
Quick walkthrough of Retirement Expert Dr. Wade Pfau's advice of using a HECM to reduce sequence of withdrawal risk (i.e. selling investments during a market downturn)
(5:06 min)
I talk with Dominique Henderson (Certified Financial Planner) about the pros and cons of reverse mortgages
(28.02 min)
Copyright © 2023 Adam Coleman NMLS 181698 - All Rights Reserved. 2023 Loan Pronto, Inc (NMLS 1661781). All information contained herein is for informational purposes only and, while every effort has been made to ensure accuracy, no guarantee is expressed or implied. Any programs shown do not demonstrate all options or pricing structures. Rates, terms, programs and underwriting policies subject to change without notice. This is not an offer to extend credit or a commitment to lend. All loans subject to underwriting approval. Some products may not be available in all states and restrictions apply. Equal Housing Opportunity. Licensing Information
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