Time To Take Notice Says Forbes

  • October 8, 2015

This is really getting fun for a reverse mortgage loan originator like me!  Suddenly, with the tightening of qualifications that have made the program stronger, mainstream publications and the professionals who serve elderly Americans are sitting up and taking notice in a big way.  The article from Forbes that I am bringing you today goes so far as to declare that The lack of focus on home equity in retirement income planning is nothing short of a complete failure to properly plan and utilize all available retirement assets. This needs to change immediately because strategic uses of home equity, especially reverse mortgages, could save many people from financial failure in retirement and help stem the overall retirement income crisis facing Americans.”    Last week I said that I was not yet ready to break a bottle of champagne over a reverse mortgage bandwagon and christen it the “Finally Understood”.   But significant progress is being made so stay tuned!  Have a look at the Forbes piece here.