Description

This episode explores mortgage options for people over 60 – should you refi or consider a reverse mortgage? We discussed the changes in the law that turned a reverse mortgage from a racket into an awesome financial planning tool and several scenarios discussing when a reverse mortgage is better than refinancing.

If you have questions, we have answers. Email us at lawgitimate@xfirmlaw.com.

We also covered a lot of topics.

• Beware the Coronavirus Face Mask Exemption Card
• Identity theft and how to resolve it
• Business Lending and business credit
• Masks – can you be forced to wear one? Yep.
• Traditional v. Reverse Mortgages
• Types of Mortgage Loans – ARM v. Fixed v. Negative Amortization
• Who qualifies for a Reverse Mortgage?
• All the perks of a Reverse Mortgage
• Yes, you still own and can keep your house
• Over 62? Consider a Reverse Mortgage

Enjoy!