All About Reverse Mortgages
Reverse mortgages appear to be a flavor of the quarter, as loan brokers search for new pipeline opportunities. My friend Gordon Yamagata has a lot of experience with them and he passes along this detailed guide on the how they work and what needs to be done. An experienced insurance agent, Gordon also has unique programs that invest the proceeds of a reverse mortgage into higher yielding tax deferred indexed life & annuities so that the borrower in effect is cash flow positive. These programs work well with retirees and those who are planning retirement who want to leverage the cash from the refinance in a risk averse product.
If interested, please contact Gordon at [email protected].
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