Episode 31: Navigating Reverse Mortgage Scams and Predatory Solicitations
Failed to add items
Add to cart failed.
Add to wishlist failed.
Remove from wishlist failed.
Follow podcast failed
Unfollow podcast failed
-
Narrated by:
-
Written by:
In this episode of Live for Today, Plan for Tomorrow, I’m joined by Alissa Prieto, a National Reverse Mortgage Account Executive and industry veteran of over two decades, for an essential and eye-opening conversation about navigating reverse mortgage scams and protecting yourself from predatory solicitations.
Alissa shares her expertise on what these bad actors look like, specifically breaking down the deceptive home warranty mailers and unsolicited refinancing offers that frequently target older homeowners. We discuss common red flags, the importance of verifying communication through your trusted, official loan servicer, and the actionable steps you can take—like freezing your credit—to move forward with clarity, caution, and confidence.
Together, Alissa and I explore how safeguarding your home equity is just as essential to aging well as setting up your financial stability in the first place. Planning for the future isn’t only about accessing wealth; it’s about fiercely protecting what you've built and understanding your rights as a borrower. My goal is to help build a community where older adults and their families can access trusted guidance on every aspect of aging, from initial financial security to ongoing, lifelong protection.
Tune in to learn how a greater understanding of these common schemes can help you live more intentionally, protect your hard-earned equity, and move through life with deeper peace of mind.