Reverse Mortgage Terminology

Reverse Mortgage Terminology
To describe reverse mortgages, some people like to show you how smart they are by "speaking those jaw-breaker words", as my grandpa used to say. The terminology of reverse mortgages can be confusing and the adjustable-rate HECM's can be even more confusing. On the show today, Bruce will explain what all this mumbo-jumbo means.
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Bruce Simmons

Bruce Simmons

I absolutely love what I do - working with senior homeowners to help them live a more comfortable, flexible and secure retirement. I have the absolute best customers in the world, and even though I worked in the forward mortgage business for a number of years, I could never go back to doing conventional loans. I'm a 100% reverse mortgage specialist.

Bruce Simmons

Bruce Simmons

I absolutely love what I do - working with senior homeowners to help them live a more comfortable, flexible and secure retirement. I have the absolute best customers in the world, and even though I worked in the forward mortgage business for a number of years, I could never go back to doing conventional loans. I'm a 100% reverse mortgage specialist.

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