Reverse Mortgages Explained: Buy a Home With No Payment & Unlock Retirement Income скачать в хорошем качестве

Reverse Mortgages Explained: Buy a Home With No Payment & Unlock Retirement Income

Reverse mortgages have changed dramatically over the last decade. In this video, I explore some real life scenarios with reverse mortgage specialists Rob Reid and Matt Harrison of Movement Mortgage to break down how modern reverse mortgage products actually work. We explore how a reverse mortgage can be used to: • Purchase a home with no monthly mortgage payment • Access home equity for living expenses, healthcare, or lifestyle goals • Supplement retirement income without selling assets • Create long-term financial flexibility for homeowners 62+ Using three real-life case studies, we walk through practical examples that show how reverse mortgages are being used responsibly as planning tools, not last-resort products. It is the Swiss-Army Knife of loans. If you or someone you know is approaching retirement, downsizing, or exploring ways to use home equity more strategically, this video provides clarity without sales pressure. 📍 Directly serving Richmond, Henrico, Chesterfield, Hanover, Goochland, and Central Virginia. I also have a nationwide network of some of the best real estate professionals in the industry that I can connect you with. I can be reached at 804-212-4071. 💰 Rob Reid is a local lender with Movement Mortgage and can be reached at 804-617-9086. Timestamps: 0:00 Intro 1:00 Background of Rob and Matt from Movement Mortgage 7:25 Scenario 1 - Use a reverse mortgage to buy a house and have no mortgage payment 18:10 Scenario 2 - Use a reverse mortgage to take lump sum of money out of equity to use as needed like vacations, home improvements, or to help a family member purchase their first home 26:48 Scenario 3 - Use a reverse mortgage to help supplement retirement and make ends meet 37:27 Key Takeaways and Next Steps https://linktr.ee/chris.realtor https://www.rva4sale.com