Reverse Mortgages Have Changed

As people age, financial goals change. People often wonder how they can get the money out of their house, or, how to have as low of a monthly payment as possible.

Michelle Moses is joined by Jud Holmes, mortgage broker, to discuss mortgage options tailored specifically for seniors (62+). They discuss everything from reverse mortgages, paying off your house, to the benefits of family opportunity mortgages.

Jud Holmes's Website

Time Stamps

00:00 Welcome to the Financial Podcast: Focus on Senior Lending Options

00:32 Introducing Judd Holmes: Expertise in Mortgage Solutions

01:35 Exploring the Family Opportunity Mortgage

06:18 Understanding Reverse Mortgages: An In-depth Discussion

15:46 Understanding Reverse Mortgages: Inheritance and Repayment

16:46 Navigating Reverse Mortgage Audits and Compliance

17:16 Ideal Candidates for Reverse Mortgages

18:24 Exploring Financial Flexibility with Reverse Mortgages

19:10 Strategic Uses of Reverse Mortgages in Financial Planning

21:56 The Costs and Considerations of Reverse Mortgages

25:10 Involving Family in Reverse Mortgage Decisions

26:46 Concluding Thoughts on Reverse Mortgages

Disclaimer: The information provided in this podcast is for general informational purposes only and should not be construed as professional financial advice. Always consult with a qualified financial advisor or professional before making any financial decisions. The hosts and guests of this podcast are not responsible for any actions taken based on the information presented.