Reverse Mortgage Information

Reverse Mortgage Information

Learn all about Reverse Mortgages by clicking on the videos below!

5 Most Common RM Misconceptions

Top 5 reverse mortgagee misconceptions For more information about how to use a reverse mortgage to ...

Why Work with a Certified Reverse Mortgage Specialist (CRMP)

You’ve heard about how reverse mortgages are used by over one million homeowners to enhance their...

Why Talk to a Reverse Mortgage Specialist

You’re retired - or soon will be - and you’re in the process of planning for the days after you ...

Baby Boomers, Reverse Mortgages and Retirement Cash Flow

Unlike previous generations, today’s baby boomers face some unique challenges to funding - and mai...

Are Reverse Mortgages Safe?

With financial scams targeting seniors occurring with such frequency, it’s fair for senior homeown...

How Do Reverse Mortgages Increase Cash Flow

Having enough cash to last to - and through - retirement is one of the major challenges facing today...

Reverse vs. Traditional Mortgages

One of the most frequently asked questions about reverse mortgages is, “How does it differ from a ...

How Did Reverse Mortgages Get Such A Bad Rap?

I’ve condensed 95% of the reasons reverse mortgages get a bad rap into four categories.  - Pro...

The Effects of Inflation on Retirement

You’ve probably seen the headlines about inflation and how it is increasing the price we pay for e...

How An Inverted Yield Curve Affects Reverse Mortgages

What is the yield curve? What does it mean when it's inverted? And what the heck does any of this ...

How Adjustable Rates Are Calculated On A Reverse Mortgage

You know that adjustable rates can change, but how are they calculated on a Home Equity Conversion M...

FHA Single Unit Condo Approvals Are Now An Option

HUD recently made changes to the FHA condo approval process by allowing FHA loan on condos in non-FH...

The Most Popular Reverse Mortgage Interest Rates

Reverse mortgage interest rates play a huge role in the amount of money that you can receive. In th...

What Is Mortgage Insurance and Why Is It On Reverse Mortgage Loans?

Mortgage insurance is required on all FHA insured reverse mortgage loans. It does two things: 1. It...

Reverse Mortgage - What Happens To The House When The Last Homeowner Passes Away?

By far, the most common reverse mortgage misconception is that the bank takes the home (and all the ...

What Is Negative Amortization And How Does It Work With Reverse Mortgages?

Negative amortization is the process of how a mortgage balance increases over time instead of decrea...

Reverse Mortgage Colorado Video Blog #1: What To Expect

This is my very first video blog. I am excited to start this video blog as a way to introduce you t...

How a Home Equity Conversion Mortgage for Purchase works

Learn how a Home Equity Conversion Mortgage for Purchase works in under 3 minutes!...

About Bruce Simmons, Reverse Mortgage Colorado Guide for Seniors

When I first heard about reverse mortgages, I thought it was a rip off, based on negative informatio...

Why do Reverse Mortgages require a housing counselor?

Getting a Reverse Mortgage requires that the homeowner must speak to HUD-approved independent third-...

Can I use a Reverse Mortgage to buy a home?

The short answer is yes, you can use a Reverse Mortgage to buy a home. It works just like any other ...

Reverse Mortgage Guide Bruce Simmons Channel Trailer

I'm Bruce Simmons, and I help retired homeowners and Baby Boomers reduce the financial stress of ret...

Fearful or embarassed about a Reverse Mortgage?

Nobody should ever be afraid or embarrassed about using a Reverse Mortgage. This is not a loan of la...

Reverse Mortgages: Why the bad rap?

Reverse Mortgages have not had the best reputation. Like anything in the financial world, a few bad ...

How can the New Reverse Mortgage help Baby Boomers?

These days, many Baby Boomers like you are finding yourselves in a tough financial squeeze: helping ...

How a Reverse Mortgage can be a good retirement planning tool

A Reverse Mortgage can be an excellent planning tool for your retirement. Here's a few facts about R...

Reverse Mortgage guide for seniors

I'm Bruce Simmons, and I help Baby Boomers and older homeowners reduce their financial stress with R...

Reverse Mortgage Guide

Free Reverse Mortgage Guide

This 28-page Consumer Guide will help you make and informed decision whether a reverse mortgage is right for you.

5.0

Bruce is one of the most professional, knowledgeable and efficient experts I have worked ŵith ever in any field. He is fast to answer and always ready to help...and he's a great guy!

I was hesitate about getting a reverse mortgage until Bruce Simons put my mind at rest. He is easy to work with, extremely knowledgeable and efficient. Things get done and he will make sure that you understand every part of the process. I interviewed several other people and he was hands down.....The only choice.

Doing a Reverse Mortgage is a major decision, when working with Bruce he came out personally to go over every thing in detail, there was no pressure to finalize the transaction, I had even put the loan on hold for awhile even though I had locked in my rate, I had called Bruce off and on for a few weeks to ask questions that I had concerns about and he was always available to talk to me. In the end it gave me time to feel comfortable about my decision to move forward with the Reverse. Bruce was very pleasant to work with and would certainly recommend Bruce if you are going to consider a Reverse Mortgage.

Bruce Simmons at American Liberty is one of the best in the reverse mortgage industry. I have known and worked with him for years and he always does a great job. You are in good hands with Bruce and know that he will take good care of you or your loved ones every step of the way.

Best thing I ever did! Bruce Simmons at American Liberty Mortgage is the best. He is always there to answer your questions, and can easily explain the whole idea of a Reverse Mortgage. He takes the time and goes through the entire process with you. It worked out so well for me. Thank You Bruce!

We had researched Reverse Mortgages for 5 years and after hearing about Bruce Simmons and meeting with him, we finally decided to move forward with the Reverse Morgage. It has been over a year now and we are still very pleased with our decision. We think Bruce is very professional, knowledgeable and honest. Thank you, Bruce, for all your help.

I first met Bruce Simmons 2017. I found him on the internet. I was looking for someone local. I called him and explained I was only looking into doing a reverse mortgage, so I did not want him to think this was something I was ready to do. Bruce was friendly, very open about the basics of a reverse mortgage. Bruce came to my home and presented the figures and other details that he could offer. The first thing that impressed me was this was not a hard sell, more of a informational meeting. He was very open about all of the details, and answered my questions without hesitation. What really was evident was he was establishing a relationship with me, and I realized he knew I would not take the loan at that time. There was not enough equity in my home, and I would have to bring money to the table. Although I was not ready to do a loan, Bruce assured me he is always available for questions. Four years later, I finally did do a reverse mortgage, and I couldn't be happier with having done it. I have done away with a mortgage payment which allows me to fund my retirement account with that mortgage payment. We did some much needed landscaping with our cash out transaction, and will move on to improvements inside of the house. My reverse mortgage has a line of credit, and I feel sense security knowing it is there if I need it. Bruce explained that a reverse mortgage is not for everyone, but I feel certain that he paved the way for a strategy that worked for me. I will definitely do a refinance when the time is right. I will check in with Bruce to be sure what the benefits are when I do it again.

I have worked with Bruce Simmons for 15 years. Bruce is one of the best in the industry. He is extremely knowledgeable, kinds and detailed in what he does. His clients love working with him and trust him to help them with their Reverse Mortgage loans. I would recommend Bruce to anyone I know that is thinking about or wanting to do a Reverse Mortgage. He will always take very good care of the customers and make sure their needs are met! Class act and one of the best in the industry by far!

Tim Mallory
Tim Mallory

Just left us a 5 star review

google
Tim Mallory
November 11, 2022

Bruce is one of the most professional, knowledgeable and efficient experts I have worked ŵith ever in any field. He is fast to answer and always ready to help...and he's a great guy!

google
Kathleen Mitchell
September 18, 2022

I was hesitate about getting a reverse mortgage until Bruce Simons put my mind at rest. He is easy to work with, extremely knowledgeable and efficient. Things get done and he will make sure that you understand every part of the process. I interviewed several other people and he was hands down.....The only choice.

google
Mike Hoeffner
August 30, 2022

Doing a Reverse Mortgage is a major decision, when working with Bruce he came out personally to go over every thing in detail, there was no pressure to finalize the transaction, I had even put the loan on hold for awhile even though I had locked in my rate, I had called Bruce off and on for a few weeks to ask questions that I had concerns about and he was always available to talk to me. In the end it gave me time to feel comfortable about my decision to move forward with the Reverse. Bruce was very pleasant to work with and would certainly recommend Bruce if you are going to consider a Reverse Mortgage.

google
Jonathan Maiolatesi
August 22, 2022

Bruce Simmons at American Liberty is one of the best in the reverse mortgage industry. I have known and worked with him for years and he always does a great job. You are in good hands with Bruce and know that he will take good care of you or your loved ones every step of the way.

google
Ronda Giblin
August 20, 2022

Best thing I ever did! Bruce Simmons at American Liberty Mortgage is the best. He is always there to answer your questions, and can easily explain the whole idea of a Reverse Mortgage. He takes the time and goes through the entire process with you. It worked out so well for me. Thank You Bruce!

google
John Bell
August 20, 2022

We had researched Reverse Mortgages for 5 years and after hearing about Bruce Simmons and meeting with him, we finally decided to move forward with the Reverse Morgage. It has been over a year now and we are still very pleased with our decision. We think Bruce is very professional, knowledgeable and honest. Thank you, Bruce, for all your help.

google
Mary Bernard
August 19, 2022

I first met Bruce Simmons 2017. I found him on the internet. I was looking for someone local. I called him and explained I was only looking into doing a reverse mortgage, so I did not want him to think this was something I was ready to do. Bruce was friendly, very open about the basics of a reverse mortgage. Bruce came to my home and presented the figures and other details that he could offer. The first thing that impressed me was this was not a hard sell, more of a informational meeting. He was very open about all of the details, and answered my questions without hesitation. What really was evident was he was establishing a relationship with me, and I realized he knew I would not take the loan at that time. There was not enough equity in my home, and I would have to bring money to the table. Although I was not ready to do a loan, Bruce assured me he is always available for questions. Four years later, I finally did do a reverse mortgage, and I couldn't be happier with having done it. I have done away with a mortgage payment which allows me to fund my retirement account with that mortgage payment. We did some much needed landscaping with our cash out transaction, and will move on to improvements inside of the house. My reverse mortgage has a line of credit, and I feel sense security knowing it is there if I need it. Bruce explained that a reverse mortgage is not for everyone, but I feel certain that he paved the way for a strategy that worked for me. I will definitely do a refinance when the time is right. I will check in with Bruce to be sure what the benefits are when I do it again.

google
LESLIE HINES
August 19, 2022

I have worked with Bruce Simmons for 15 years. Bruce is one of the best in the industry. He is extremely knowledgeable, kinds and detailed in what he does. His clients love working with him and trust him to help them with their Reverse Mortgage loans. I would recommend Bruce to anyone I know that is thinking about or wanting to do a Reverse Mortgage. He will always take very good care of the customers and make sure their needs are met! Class act and one of the best in the industry by far!