Crushing Debt Podcast
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Episode 480:No, You're Not Selling Grandma's HouseWith a reverse mortgage, can you retain title to your home?
Are reverse mortgages insured or guaranteed?
Do reverse mortgagaes have a maturity date?
This week's guest on the Crushing Debt Podcast is Gary Guarino, Vice President with Senior Lending, focusing on the HECM (Home Equity Conversion Mortgage), better known as a reverse mortgage.
Gary has been a VP of Senior Lending for the last 26 years and is a Home Equity Retirement Specialist. He is regarded as a leading expert on every aspect of the FHA-Insured HECM Credit Line as well as the proprietary Jumbo Reverse Credit Line.
You can reach Gary at GaryG@senior-lending.com, or visit his website at www.senior-lending.com.
Shawn, George & Gary talk about
- Myths (and facts) surrounding reverse mortgages
- Title theory v. lien theory
- FHA Insured products
- Recourse v. Non-Recourse loans
- What is required to borrow under a reverse mortgage
- And other questions regarding HECM loans.
Let us know if you enjoy this episode and, if so, please share it with your friends!
Or, you can support the show by visiting our Patreon page: https://www.patreon.com/crushingDebt
To contact George Curbelo, you can email him at GCFinancialCoach21@gmail.com or follow his Tiktok channel - https://www.tiktok.com/@curbelofinancialcoach
To contact Shawn Yesner, you can email him at Shawn@Yesnerlaw.com or visit www.YesnerLaw.com.
