If you’re a homeowner, you may have heard a thing or two about reverse mortgages. Unfortunately, what you may have heard might not be completely true. Reverse mortgages are generally misunderstood by the average homeowner, which is why we decided to consult with an expert to debunk common myths and talk facts regarding reverse mortgage loans.
Our very own Keri Shull sat down with local reverse mortgage specialist, Craig Minton with Atlantic Coast Mortgages, to help clear up the many misconceptions that homeowners likely have about reverse mortgage loans. Minton has originated reverse mortgages for over 14 years, making him the perfect candidate for this interview. Watch Keri and Craig discuss reverse mortgages for our Facebook Live interview segment from May 30th below:
We’ve also created a helpful Reverse Mortgages Tip Sheet which includes the most important revelations from Keri’s interview with Craig, as well as professional tips and a FAQ section. You’ll learn the true facts about reverse mortgage loans, how helpful reverse mortgages can be for retirees, the protections that exist for reverse mortgages, and much more! You can register for our Reverse Mortgages Tip Sheet now by filling out the form on the right sidebar.
If you have any questions about reverse mortgages that we didn’t answer, please do not hesitate to reach out to us! We’d love to hear from you and help you decide if a reverse mortgage is the right option for you.