Reverse Mortgage Blog

Category: Reverse Mortgage 101

Brand new to the HECM reverse mortgage? No problem! We’ll get you up to speed on the basics of how a reverse mortgage works. We’ll also cover common myths and misconceptions and situations where a reverse mortgage make not make sense.

Reverse Mortgage 101

Brand new to the HECM reverse mortgage? No problem! We’ll get you up to speed on the basics of how a reverse mortgage works. We’ll also cover common myths and misconceptions and situations where a reverse mortgage make not make sense.

One Simple Question to Get More Money From a Reverse Mortgage

The One Simple Question That Could Get You Thousands More From a Reverse Mortgage

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What if I told you there was one simple question that could get you thousands … Read More

Mike Roberts Avatar
About Mike Roberts

Mike Roberts is the founder of MyHECM.com, an author, and a highly experienced veteran of the mortgage industry. When he's not working, he enjoys spending time with his family, skiing, camping, traveling, or reading a good book. Roberts is the author of The Reverse Mortgage Revealed: An Industry Insider’s Guide to the Reverse Mortgage, which is available on Amazon.

Why a Reverse Mortgage May Not Be Available in the Future

Are Reverse Mortgages Bad? This Tax Professional Says “Yes”, But Is He Correct?

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Are reverse mortgages bad? Some accountants, attorneys, and financial advisors think so. Are they correct? … Read More

Mike Roberts Avatar
About Mike Roberts

Mike Roberts is the founder of MyHECM.com, an author, and a highly experienced veteran of the mortgage industry. When he's not working, he enjoys spending time with his family, skiing, camping, traveling, or reading a good book. Roberts is the author of The Reverse Mortgage Revealed: An Industry Insider’s Guide to the Reverse Mortgage, which is available on Amazon.

Alternatives to a Reverse Mortgage

8 Worthwhile Alternatives to a Reverse Mortgage

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A reverse mortgage is a great tool for converting home equity into cash, but it’s … Read More

Mike Roberts Avatar
About Mike Roberts

Mike Roberts is the founder of MyHECM.com, an author, and a highly experienced veteran of the mortgage industry. When he's not working, he enjoys spending time with his family, skiing, camping, traveling, or reading a good book. Roberts is the author of The Reverse Mortgage Revealed: An Industry Insider’s Guide to the Reverse Mortgage, which is available on Amazon.

Reverse Mortgage Industry Veteran Interviews ChatGPT

Mortgage Industry Veteran Talks Reverse Mortgages With . . . ChatGPT?

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ChatGPT has been in the news quite a bit recently, so I thought I would … Read More

Mike Roberts Avatar
About Mike Roberts

Mike Roberts is the founder of MyHECM.com, an author, and a highly experienced veteran of the mortgage industry. When he's not working, he enjoys spending time with his family, skiing, camping, traveling, or reading a good book. Roberts is the author of The Reverse Mortgage Revealed: An Industry Insider’s Guide to the Reverse Mortgage, which is available on Amazon.

Reverse Mortgage Misconceptions

The Top 6 Misconceptions You May (Or May Not) Have Heard About Reverse Mortgages

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When I was a young boy, my parents took my brother and I on a … Read More

Mike Roberts Avatar
About Mike Roberts

Mike Roberts is the founder of MyHECM.com, an author, and a highly experienced veteran of the mortgage industry. When he's not working, he enjoys spending time with his family, skiing, camping, traveling, or reading a good book. Roberts is the author of The Reverse Mortgage Revealed: An Industry Insider’s Guide to the Reverse Mortgage, which is available on Amazon.

Reverse Mortgage Limit

Uh Oh! What If My Loan Balance Reaches the Reverse Mortgage Limit?

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Nobody likes nasty surprises when they’re already committed to something. Are there any lurking surprises … Read More

Mike Roberts Avatar
About Mike Roberts

Mike Roberts is the founder of MyHECM.com, an author, and a highly experienced veteran of the mortgage industry. When he's not working, he enjoys spending time with his family, skiing, camping, traveling, or reading a good book. Roberts is the author of The Reverse Mortgage Revealed: An Industry Insider’s Guide to the Reverse Mortgage, which is available on Amazon.

Is a HECM reverse mortgage expensive?

Are Reverse Mortgages Expensive?

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Many seniors have the impression that reverse mortgages are expensive – mainly because of the … Read More

Mike Roberts Avatar
About Mike Roberts

Mike Roberts is the founder of MyHECM.com, an author, and a highly experienced veteran of the mortgage industry. When he's not working, he enjoys spending time with his family, skiing, camping, traveling, or reading a good book. Roberts is the author of The Reverse Mortgage Revealed: An Industry Insider’s Guide to the Reverse Mortgage, which is available on Amazon.

HELOC Ticking Time Bomb

The Biggest Pitfall of Using a HELOC for Cash in Retirement

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I’ve chatted with many seniors over the years who believed that a HELOC is a … Read More

Mike Roberts Avatar
About Mike Roberts

Mike Roberts is the founder of MyHECM.com, an author, and a highly experienced veteran of the mortgage industry. When he's not working, he enjoys spending time with his family, skiing, camping, traveling, or reading a good book. Roberts is the author of The Reverse Mortgage Revealed: An Industry Insider’s Guide to the Reverse Mortgage, which is available on Amazon.

6 Reasons to Avoid a Reverse Mortgage

The Reverse Mortgage is a Great Product, But Here’s When It’s Best Avoided

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The reverse mortgage is a fantastic financial product, but there are some situations where it’s … Read More

Mike Roberts Avatar
About Mike Roberts

Mike Roberts is the founder of MyHECM.com, an author, and a highly experienced veteran of the mortgage industry. When he's not working, he enjoys spending time with his family, skiing, camping, traveling, or reading a good book. Roberts is the author of The Reverse Mortgage Revealed: An Industry Insider’s Guide to the Reverse Mortgage, which is available on Amazon.