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Discover how reverse mortgages work with this simple 7-step guide that takes the mystery out of this powerful financial tool. Bruce Simmons, Colorado's first certified reverse mortgage professional, breaks down everything you need to know about qualifying for and obtaining a reverse mortgage. Learn the essential steps from initial awareness to final approval, including how to protect yourself during the application process, what documentation you'll need, and how to work with housing counselors. Perfect for homeowners 62 and older who want to understand their options for accessing home equity without monthly mortgage payments. Bruce explains the key requirements, including maintaining your home, paying taxes and insurance, and keeping your name on the title. Find out how much you might qualify for based on your age, home value, and current interest rates. Get straight answers about common concerns like property ownership and loan balance growth. As Colorado's trusted reverse mortgage expert, Bruce Simmons provides personalized guidance to help you make informed decisions about your financial future. Contact Bruce directly at 303-513-2748 or visit reversemortgageradio.net for your free consumer guide. Regulated by DORA. NMLS #409914. American Liberty Mortgage, Denver CO. #reversemortgagedefinition #retirementplanning #reversemortgagecalculator #whatneedforreversemortgageprocess #reversemortgageexplainedsimply CHAPTERS: 00:00 - Intro 00:35 - How to Get a Reverse Mortgage 03:58 - What is a Reverse Mortgage? 10:09 - 7-Step Process for Reverse Mortgages 13:38 - Step 1: Awareness in Reverse Mortgages 15:18 - Step 2: Taking Action for Reverse Mortgages 18:16 - Step 3: Gathering Information for Reverse Mortgages 21:17 - Counseling for Reverse Mortgages 24:33 - Processing a Reverse Mortgage 28:10 - Closing Process for Reverse Mortgages 28:30 - Contact Bruce 28:59 - Call Bruce Simmons Today