• Debunking Reverse Mortgage Myths with Tim Kennedy, CRMP

  • Apr 3 2025
  • Duración: 28 m
  • Podcast

Debunking Reverse Mortgage Myths with Tim Kennedy, CRMP

  • Resumen

  • In this eye-opening episode, we sit down with Tim Kennedy, a Certified Reverse Mortgage Professional, who’s on a mission to re-educate the public and the real estate industry on the untapped power of reverse mortgages. From avoiding credit card debt to funding bucket list adventures (and surviving a machete-wielding tenant!), this episode proves that reverse mortgages aren’t just for the desperate. They’re for the smart and strategic.


    Key takeaways to listen for

    • Reverse Mortgage 101: What it is, how it works, and why it’s not a scam
    • Why setting up a reverse mortgage line of credit early could be your best retirement move
    • Common misconceptions about heirs, ownership, and taxes
    • Ways reverse mortgage funds can reduce your tax burden
    • Reasons you need a CPA, financial advisor, and mortgage pro when planning for retirement success


    Resources mentioned in this episode

    • NRMLA
    • Movement Mortgage
    • It's Just A Mortgage - LI News Radio


    About Tim Kennedy, CRMP
    Tim is a seasoned professional specializing in the financial tool of reverse mortgages since 2008. With a commitment to helping seniors maintain their security, financial independence, dignity, and control, Tim has become a trusted expert in the field. As a speaker, consultant, and senior advocate, he has utilized his expertise, knowledge, and experience to assist countless individuals and families.



    Connect with Tim

    • Website: Tim Kennedy | Reverse Mortgage Loan Officer | Valhalla, NY
    • LinkedIn: Timothy M. Kennedy, CRMP
    • Instagram: @tkennedyfff
    • Facebook: Tim Kennedy
    • TikTok: @reversemortgageguru
    • Phone Number: 516-729-6040



    Connect with Leigh
    Please subscribe to this podcast on your favorite podcast app at https://pod.link/1153262163, and never miss a beat from Leigh by visiting https://leighbrown.com. DM Leigh Brown on Instagram @ LeighThomasBrown.



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