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.

Are you wondering whether to get a reverse mortgage now or wait a few years? I hear that question all the time. In this episode, I break down the real costs and real benefits of acting now versus waiting. I share plain facts, real examples, and practical advice so you can decide with confidence — not guesswork. If you own your Colorado home and want to protect your retirement income, this episode is for you.

• How a HECM (FHA-insured reverse mortgage) actually works — the simple facts you need to know.
• Which three factors drive how much you can borrow: home value, age, and interest rates.
• Why waiting might help a little — and why it usually helps less than people think.
• How interest-rate movement (including the 10‑year Treasury) affects your borrowing power.
• Why a reverse mortgage line of credit can grow over time and how that growth helps you later.
• The real cost trade-offs: mortgage payments you keep paying if you wait vs. money you could have now.
• When waiting makes sense (planning to sell soon) and when acting now usually makes sense (locking value, starting line growth, stopping payments).
• How you can refinance a reverse mortgage later if rates fall — and what that process looks like.
• Concrete examples comparing waiting a few years versus acting now, including numbers on mortgage payments, line growth, and lost opportunities.
• Steps to get a clear, personalized answer for your situation and who to call for help in Colorado.

Timing a reverse mortgage matters, but the best choice depends on your goals. In most cases, getting the loan now locks in today’s value and starts line-of-credit growth that can outpace the small gains from aging a year or two. You also stop monthly mortgage payments sooner and build a safety net for unexpected costs. If you plan to sell your home soon, waiting may make sense. Tune in to hear detailed examples, hear my take from 22 years in the business, and get a clear checklist to decide what to do next. After this episode you’ll know the exact questions to ask and whether you should call someone now to run the numbers for your Colorado home.