Understanding Reverse Mortgages: Increase Your Cash Flow and Minimize Your Stress! - Softcover

Barlow, John

Softcover

ISBN 10: 1511869933 ISBN 13: 9781511869935

Publisher: CreateSpace Independent Publishing Platform, 2015

Synopsis

The main purpose of this book is to give you the information you need to know so you can decide whether or not a reverse mortgage is a good idea for your present financial circumstances. If so, then the second purpose of this book is to guide you through that process so you achieve your financial goals with as much knowledge and as little frustration as possible. A reverse mortgage is not right for everyone, but if it is the right solution for you, this book will tell you everything you need to know. There is not a lot of fluff in this book; the intention is to provide the information you need as simply as possible, while making it easy for you to understand reverse mortgages in a pleasant and comfortable way.This book is designed to:1. Provide a clear picture and understanding about reverse mortgages2. Explain the overall strategy the Federal Housing Administration (FHA) uses to ensure reverse mortgages are a long-term sustainable solution for families and our nation3. Provide a balanced view of the positives and negatives of a reverse mortgage4. Compare and contrast the different product choices and proceed with options for a reverse mortgage5. Describe the process for acquiring a reverse mortgage6. Present three different case studies that may be similar to yoursituation7. Prepare adult children to understand the reverse mortgage options available and their role in the process

About this title

About the Author

John Barlow is an expert in residential mortgage lending. As an advisor, he helps people understand the mortgage options available to them today. His passion has always been serving people and making a difference in their lives.John is the owner of Sound Financial Education and Sound Financial Mortgage LLC. John's mortgage lending career began in 2001 with a focus on regular refinance and purchase business. In 2008, his clients began asking questions about reverse mortgages when many seniors' access to money was severely diminished by the financial crisis. He learned firsthand how the financial needs of seniors are impacted and how important it is for seniors to have a plan for the future.  His thoughtfulness and patience has helped many clients make informed choices for their mortgage and housing needs.

Edition details

• Publisher: CreateSpace Independent Publishing Platform
• Publication date: 2015
• Language: English
• ISBN 10: 1511869933
• ISBN 13: 9781511869935
• Binding: Paperback
• Number of pages: 146