Join Bruce Simmons, Colorado's first Certified Reverse Mortgage Professional (CRMP), on Reverse Mortgage Radio as he delves into the flexible payout options available with reverse mortgages based on an article from Moneywatch/CBS News titled "Which reverse mortgage payout option is best" by Joshua Rodriguez published on March 28. 2024.
Bruce discusses how homeowners can mix and match payout options or change them during the life of the loan, providing financial support for seniors by tapping into home equity.
He also addresses the impact of stubborn inflation on fixed incomes and how a reverse mortgage can alleviate monthly payment burdens. Plus, don't miss the discussion on a new credit card that puts a twist on accessing home equity.
For a deeper understanding of how reverse mortgages can work for you, visit https://reverse-mortgage-colorado.net/.
