reverse mortgage

Ready to unlock the true potential of Reverse Mortgages? We promise to walk you through unchartered territories and unravel the financial secrets typically hidden in plain sight. We welcome Reverse Mortgage specialist Kellie Collins, who beautifully illuminates the numerous possibilities of this fantastic financial tool, serving as a financial lifesaver for retirees without a pension, or those needing home health care.

We dive deeper than just scratching the mortgage surface. This episode leaves no stone unturned, from strategies to maximize retirement income, to the potential pitfalls and the importance of understanding the various options available. In exploring these strategies, we discuss how to optimize mortgages, whether you're looking to buy a mountain house, a second home, or even a duplex. We also explore the link between Reverse Mortgages and Life Insurance and how the blend of these two instruments can provide financial security and peace of mind.

It's not just another episode on finance. It's more of an interactive guide that offers real-life scenarios and a deep understanding of the market. You'll hear from Kellie the different housing situations where a Reverse Mortgage can become a game-changer. We wrap up with a fascinating discussion on how these mortgages can be combined with life insurance policies. So, get ready for this financial rollercoaster ride that’s going to leave you well-informed and financially savvy.

Interested in learning more? Visit us at https://www.hollifieldfinancial.com/ or give us a call at (843) 400-3022.

Today Joe Murphy highlights the most common questions folks have about retirement. Then bring on the bells and whistles as we play “Who Wants to be A Retirement Millionaire”. Joe is in the hot seat and answers questions in hopes of walking away with a million bucks…at least in theory. Did he use his lifelines? You don’t want to miss this. That and more on this episode of Wealth Health Radio with Joe Murphy.  Call or text 800-930-5905. Visit MWMFinancial.Tax to learn more. 

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TIME STAMPS

• Introduction- Reverse Mortgages (00:50-1:12): Evelyn introduces Corina and sets the stage for the conversation, shedding light on the topic of reverse mortgages.
   
• Understanding Reverse Mortgages in Canada 0(1:37- 2;05): Corina explains what reverse mortgages are in the Canadian context. 
   
• What is a Reverse Mortgage and Who is it for? (2:08 -2:36): Understand the meaning of a reverse mortgage and who it is for. 
   
• Qualifications for a Reverse Mortgage (2:38 - 4:35): What are the qualifications for a reverse mortgage.
   
• How Reverse Mortgages works and how it can potentially benefit you (4:46 - 7:30): Corina explains how a reverse mortgage works and various uses for a reverse mortgage that can potentially benefit your situation.
   
• Practical Uses of a Reverse Mortgage (9:00-11:40): Evelyn and Corina explore the many ways funds from a reverse mortgage can be used, from home improvements and paying off debts, to fulfilling personal dreams and securing financial stability.
   
• Qualifications for a Reverse Mortgage (11:40 -12:33): Find out what some of the qualifications are for a reverse mortgage from age, to maximum loan amounts and more.
   
• Two Types of Reverse Mortgage set-ups (12:50 - 13:35): Learn about the two types of reverse mortgage set ups- lump sum payments and monthly payments.
   
• Terms within a Reverse Mortgage(15:20 - 16:03): Learn about term options. 
   
• Costs associated with a Reverse Mortgage (16:30 -17:50): What are the costs associated with setting up a reverse mortgage and how are they paid.
   
• Practical Advice regarding Reverse Mortgages (17:51 - 20:58): Evelyn and Corina provide some practical advice and tips surrounding reverse mortgages.
   
• Guest Contact Information (20:59 - 21:39) Contact information for guest Corina Murphy, mortgage Broker and Team Lead with Premiere Mortgage. 
   
• Conclusion and Key Takeaways The episode provides a greater understanding of Reverse Mortgages in Canada, the uses, qualifications and costs, emphasizing the power and potential of reverse mortgages.
   

Call to Action: Visit the Realty Bytes website for additional resources on reverse mortgages and the accompanying blog - REVERSE MORTGAGES CANADA: Unlocking the Value of Your Home Equity

If you found this information helpful, comment, like and subscribe to our podcast- Realty Bytes Conversations on Real Estate and Lifestyle, for additional informative episodes that cover a wide range of real estate and lifestyle topics. Stay tuned for more enlightening discussions!

For more information you can check out or BLOG at https://www.realtybytes.ca/blog

Contact information:
Corina Murphy
416-884-1428
corina@premieremortgage.ca

Evelyn Lopes | The Evelyn Lopes Realty Team | iPro Realty Brokerage
905-965-5902
evelyn@evelynlopes.com

Sometimes it’s the little things that can make the biggest difference. This week Joe Murphy highlights some simple things you can do to help you save more that can help you have the kind of retirement you deserve. Joe talks about the Tax Cuts and Jobs Act and what happens when the current tax rules sunset. That and more on this episode of Wealth Health Radio with Joe Murphy.  Call or text 800-930-5905. Visit MWMFinancial.Tax to learn more. 

See omnystudio.com/listener for privacy information.

High interest rates, volatile markets and recession talks could be standing between you and the retirement you planned for. Some easy adjustments could make all the difference. That and more on this episode of Wealth Health Radio with Joe Murphy.  Call or text 800-930-5905. Visit MWMFinancial.Tax to learn more. 

See omnystudio.com/listener for privacy information.

A special edition of Wealth Health Radio with Joe Murphy. Joe talks with Dennis Loxton about reverse mortgages. Loxton has more than 20 years in the financial services industry and has been working with reverse mortgages since 2005. Is a reverse mortgage right for you? Joe and Dennis break it all down and go through the pros and cons. That and much more on Wealth Health Radio. Call or text 800-930-5905. Visit MWMFinancial.Tax to learn more. Visit Dennis Loxton to learn more.

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Kelley points out the way to help allay the fear of running out of money in retirement is by implementing good income streams.  She talks about assessing your retirement income needs first and then looking at tools such as annuities and how you can possibly leverage higher interest rates.  She gives her take on reverse mortgages and the need to look at how to maximum your Social Security claiming strategies.  How are Americans coping with inflation?  That’s also part of the conversation as well as looking at Roth opportunities.

You can reach Kelley Slaught by calling 800-838-8060.

California Wealth Advisors

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Alan points out the way to help allay the fear of running out of money in retirement is by implementing good income streams.  He talks about assessing your retirement income needs first and then looking at tools such as annuities and how you can possibly leverage higher interest rates.  He gives his take on reverse mortgages and the need to look at how to maximum your Social Security claiming strategies.  How are Americans coping with inflation?  That’s also part of the conversation as well as looking at Roth opportunities.

You can reach Alan Cantrell by calling 479-935-9767.

Retirement Strategies Group of Northwest Arkansas

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Marty points out the way to help allay the fear of running out of money in retirement is by implementing good income streams.  He talks about assessing your retirement income needs first and then looking at tools such as annuities and how you can possibly leverage higher interest rates.  He gives his take on reverse mortgages and the need to look at how to maximum your Social Security claiming strategies.  How are Americans coping with inflation.  That’s also part of the conversation as well as looking at Roth opportunities.

You can reach Marty Nevel by calling 888-519-9096.

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Fred welcomes special guest Mark Richards who is a loan officer and Retirement Mortgage Specialist of Fairway Independent Mortgage Corporation.  It’s all reverse mortgage on this podcast.  Mark shares great information starting with a definition of reverse mortgages.  He then talks about the qualifications, who is and is not a good candidate, the mindset of today approaching housing wealth, and a couple of case studies involving reverse mortgages. 

You can reach Fred Saide by calling 800-593-8188.

Money Matters USA

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In this episode, I speak with Alesia Dutton about the ins and outs of reverse mortgages and reverse to-purchase mortgages.  Alesia was recruited into the Reverse Mortgage Industry in 2013. Prior to 2013, she was the Development Director at the Las Cruces Chamber of Commerce. Her relationships with the local bankers and financial advisors made for a perfect transition into Reverse Mortgages. She was hired to do Reverse and Reverse only. To this day she is still hyper-focused on this market.  She has dedicated her career to educating bankers, loan officers, financial advisors, and realtors about this program. She prides herself on personally walking all homeowners through the process and getting to know them as individuals. Their needs and timeline are always the priority!

 Alesia has been on the Board of NAIFA New Mexico and Dallas (National Association of Insurance and Financial Advisors). NAIFA is the voice of the Insurance and Financial Advisor industries. This position allowed her access to up-to-date information on government changes that can affect retirement and asset growth. She is currently involved in the El Paso Estate Planning Council, NM Estate Planning Council, and NM Mortgage Lenders Association.

Alesia and her husband have lived in California, New Mexico, and Texas. They spend much of their free time with their 2 grandsons in Little Elm, TX. When she is not working, they love to travel! Their favorite times are spent outdoors and with family.

Who you're in business with matters! To get in contact with Alesia for all your reverse mortgage needs, use any of the methods listed below.
_______________________________________
Alesia Dutton: Mutual of Omaha Reverse Mortgage
LinkedIn: Alesia Dutton
Email: adutton@mutualmortgage.com
Phone: 972-922-2699
_______________________________________

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Robin McCoy is a Texas Realtor with Keller Williams Realty. License #0582766
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Stacey chats with Don McCue today who is here to bust the myths surrounding reverse mortgages. Many people view a reverse mortgage as pretty binding, but that’s just not the case. You can still sell your house whenever you’d like, you can pass your home down to family members, etc. The only stipulation is the home must be a primary residence.
 

To purchase the Emergency Info File course, please visit:

https://www.gotittogethernow.com/pickyourplan

To get in touch with Don McCue:

626-482-9771