If you own your home and worry about stretching Social Security, pensions, and savings, this episode is for you. I walk you through the seven clear steps to get a reverse mortgage. I explain what really happens at each stage, what to expect, and what to watch out for. I use real examples from Colorado homeowners I’ve helped so you can see how this works in everyday life. By the end, you will know whether a reverse mortgage could give you more monthly cash, eliminate a mortgage payment, or create a safety net for unexpected costs.

• Step 1 — Awareness: What a reverse mortgage is, who qualifies (age 62+), and how it differs from a regular mortgage or selling your home.
• Step 2 — Gather facts: Where to find accurate, non-sales information (HUD, NARML, FTC) and which online traps to avoid.
• Step 3 — Counseling: Why independent HUD-approved counseling matters, what the counselor will cover, and typical fees.
• Step 4 — Application: Documents you’ll need (ID, Social Security verification, mortgage statements, insurance, income proof) and how the e-doc process works.
• Step 5 — Processing: How we order the FHA case number, the appraisal, title search, and what liens or judgments mean for your loan.
• Step 6 — Closing: What happens at signing, the three-business-day rescission period, and timing for funding and payoff of existing loans.
• Step 7 — After closing: How the loan is set up, how lines of credit take about a month to activate, and tips to manage taxes, insurance, and loan growth.
• Real examples: How borrowers used a reverse mortgage to stop a $1,500 monthly payment, fund home repairs, or keep money for travel and grandkids.
• Trade-offs and risks: How interest grows on the loan, why you still must pay taxes and insurance, and how to protect your heirs and your home.
• Practical tips: Do not give your Social Security number to get a quote, avoid data-selling lead pages, and how to choose a counselor and lender you can trust locally.

This episode breaks the process into simple, steady steps so you can make a clear decision without pressure. If you want more monthly cash, to stop a mortgage payment, or a fallback for future health or home costs, listening will give you the facts and next steps. I share real Colorado examples, practical warnings, and exact documents you’ll need.

If the thought of a government shutdown makes your finances feel shaky, this episode is for you. I walk you through what a shutdown really looks like, how it affects new and existing reverse mortgages, and what steps you can take now to protect your home and cash flow. I use plain talk, real examples, and 22 years of experience to give you clear, practical steps you can use today.

• What a government shutdown actually means for everyday services and for the Federal Housing Administration (FHA).
• How an FHA-insured reverse mortgage (HECM) works, in simple terms: who lends the money, who insures it, and how the loan is repaid.
• What happens to new reverse mortgage applications during a shutdown: likely timelines, possible delays, and when lenders might pause funding.
• What happens to existing reverse mortgages: why monthly payments and line-of-credit access continue, and why your loan remains protected.
• The role of mortgage insurance in protecting you and your heirs, and how non-recourse rules work if loan balances grow.
• Differences between FHA-insured HECMs and proprietary reverse mortgages, and when a proprietary loan might be an option.
• Practical steps to take now: questions to ask your lender, whether to apply now or wait, and how to keep a line of credit ready for emergencies.
• Real examples and simple scenarios that show how a shutdown could affect a typical Colorado homeowner aged 68–70 who relies on Social Security and modest savings.

This episode removes the guessing and the worry. You’ll leave knowing whether you can still count on your monthly reverse mortgage funds, how safe your credit line is, and what to do if you’re thinking of applying during uncertain federal funding. I explain the safeguards that protect you and your estate, and I give clear next steps so you can act with confidence. Tune in to get the facts, hear real stories, and learn how to keep your home and finances steady no matter what happens in Washington.

Halloween makes people think about ghosts and things that go bump in the night. Reverse mortgages often feel the same way — full of scary stories and bad guesses. I’ll walk you through the real facts, clear up the biggest misunderstandings, and show how a reverse mortgage can give you breathing room in retirement. I’ll use clear examples from real Colorado homeowners so you can hear how this works in everyday life.

• The basic setup: what a reverse mortgage is, who qualifies (62+), and how it pays you instead of you paying the bank.
• How you keep ownership: why your name stays on title, what responsibilities you keep, and how long you can stay in the home.
• How heirs are protected: what happens when the last homeowner leaves, the non-recourse rule, and how heirs can sell or walk away.
• How the loan balance changes: why interest grows the balance, and how that affects future equity and inheritance.
• Real choices for getting money: lump sum, monthly payments, line of credit, or a mix — and the pros and cons of each.
• How reverse mortgages can support your goals: pay off an existing mortgage, reduce monthly expenses, protect savings, or delay Social Security.
• Common emotional worries: addressing the shame or fear of “failing,” and why using home equity can be a strategic financial move.
• The safety checks: HUD regulation, FHA insurance, and required counseling that protect borrowers and families.

By the end of this episode you will see that the scary stories about reverse mortgages are mostly myths. You will have clear, practical answers to the top five fears people hold — from losing the home to leaving nothing for the kids. If you own a home in Colorado, rely on Social Security or a pension, and want a way to ease monthly costs or handle unexpected bills, this episode will give you the facts you need to decide. Tune in, get the straight talk, and call me if you want to walk through your specific situation in plain numbers and clear steps. 303-513-2748.