Are you falling short on your financial goals for your retirement? If you own your own home, do you know the value of the equity you have in it?
In this episode, Marc Bautis brings on a longtime friend to discuss reverse mortgages and how they may be of benefit to your financial plan
. David Faccone is a mortgage lender from Finance of America with vast knowledge and experience with these types of mortgages.
In this episode, you will learn:
- What exactly is a reverse mortgage
- Who is eligible to apply for a reverse mortgage
- The pros and cons to having a reverse mortgage
- And more!
Tune in to find out what options you have when using your home to aid you in retirement.
Related: What Would You Do If There Was a Recession?