Description

What are the main differences between traditional lines of credit and an FHA reverse mortgage?

In this episode, we delve into the second part of our conversation about what is true and what is a myth about the reverse mortgages line of credit. Mitchell explains why he considers a reverse mortgage a great tool, especially for those in their 60s and above who struggle to access traditional lines of credit. 

Listen to episode 41 of On Life With Helen to learn more about the advantageous side of reverse mortgages no one talks about. 

In This Episode, You Will Learn:

• The main difference between reverse mortgages and traditional lines of credit (1:56)
• In reverse mortgages, the line of credit grows (4:55)
• How can we make a growing line of credit work for us (6:47)

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