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.

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

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

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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?

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

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?

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

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?

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?

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

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

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.