The Types Of People We Work With On Reverse Mortgages
For the first show of the year, Bruce discusses what his customer base looks like…generally speaking. The average age, home, what percent of people are single or married, and such. He also discusses that 25% of the loans he closed in 2020 were from people who already had a reverse mortgage (HECM 2 HECM loans), and explains how they work. If you have a reverse mortgage, you may qualify for a refinance.