It makes sense every once in a while to step back and look at the big picture, the basics. With all of the focus recently on non-borrowing spouses, the Financial Assessment and the nuances of the HECM program, one can lose focus on those basics! While it is never a good idea to only consider the basics, they are the foundation that we start with to evaluate suitability. Please know that each situation is different and the details are extremely important. The way a reverse mortgage is designed and delivered will create very significant differences that directly affect the lives of elderly Americans and their heirs. Don’t try this at home! I am constantly taken aback by the misunderstandings, poor choices and the consequences that ensue. If you or someone you know wants information and an assessment please get in touch with me. Get the basics and then let me investigate suitability and suggest a customized HECM if appropriate. The big picture is here.