De-Mystifying Reverse Mortgages with Doug Jensen w/ The Jensen Mortgage Group
Welcome back to Real Talk with Brian & Dan on 1150AM KKNW I’m Brian & I’m Dan. Our next guest is David Jensen with Premier Mortgage Resources.
- WHAT IS A HECM LOAN - IS IT A Reverse Mortgage?
- There are so many myths about a Reverse Mortgage - Could you answer some of the ones that I have heard?
- CAN YOUR SPOUSE BE THROWN OUT OF THE HOUSE WHEN ONE OF YOU DIES?
- ARE THE FEES AND ORIGINATION FEES PROHIBITIVELY HIGH? * DOES YOUR HOME HAVE TO BE FULLY PAID OFF BEFORE YOU CAN GET A HECM?
- IF THE HOMES GOES DOWN IN VALUE, WHO IS LEFT ON THE HOOK FOR THIS PROBLEM?
- DOES THE BANK OWN YOUR HOME WHEN YOU HAVE A REVERSE MORTGAGE?
- WHAT HAPPENS AT THE END, WHEN I PASS AWAY?
- THE REVERSE MORTGAGE SOUNDS TOO GOOD TO BE TRUE...I DON'T MAKE PAYMENTS AND I GUESS I DON'T PAY IT BACK...IS THAT RIGHT? Website: https://www.pmrloans.com/loan-officer/david-jensen/ Phone: 425-260-5080