Episode Eight of The Tipping Point would like to welcome our guest, Ryan Blaise Smith. Ryan is currently the Senior Reserve Mortgage Loan Officer at Waterstone Mortgage Corporation. His specialty is the new Home Equity Conversion Mortgage, or better known as the Reverse Mortgage. This loan has been a great solution for people aged 62 and older. Ryan will be talking to us today about how learning about this great financial tool can benefit us! Alongside the Reverse Mortgage, we will also be tackling the following items:
Reverse Mortgage
Who Qualifies?
Individual
Property-Type
Suitability
Cost
Heirs
Distribution
Repayment Terms
Taxation
Non-Taxable
No Effect on SSA
Case Studies
For Purchase
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To watch the full video podcast interview, click the link below to watch: https://youtu.be/Iu0UnAdaV9w!