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Two Loan Guys Podcast

Two Loan Guys Podcast

Written by: David & Rick
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Two loan guys talk about stuff...mainly mortgage related.

© 2024 Two Loan Guys Podcast
Economics
Episodes
  • Can you use a reverse mortgage to travel?
    Dec 5 2023

    Would you like to travel more? Are you living life to the fullest during retirement? If not, what's holding you back? If it's your finances, you might want to learn about how you can use a reverse mortgage to tap into a portion of the equity in your home without creating a mortgage payment. You can use that money for anything…even traveling the world. In this episode, you'll see how a reverse mortgage works and how easy it is to qualify. Being house rich but cash poor is no way to spend your retirement. It's time to get out and live!

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    15 mins
  • The best way to pay for home improvement projects.
    Dec 5 2023

    Need cash for a large home project?  There might be a better option than a HELOC (home equity line of credit).  If you are 62 or older a Reverse Mortgage could be your best solution for tapping into your homes equity for a couple of reasons.  Listen to learn more!  

    www.reversemortgagegroup.org  Call us with any questions.  805-738-8326

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    16 mins
  • Can you use a reverse mortgage to strengthen your retirement plan?
    Nov 15 2023

    Many more financial planners are seeing the benefits of incorporating a “buffer asset” into a retirement strategy.  This buffer asset is simply another bucket of money to draw from throughout retirement.  Taking draws periodically and strategically from this secondary asset can help add longevity and security to a senior’s retirement plan.  In this episode, we talk about using a reverse mortgage to create this buffer asset.  A reverse mortgage allows you to access and leverage a portion of your home’s equity without creating a mortgage payment.  Financial planners have discovered that by drawing from your home’s equity instead of your retirement assets during a down year in the economy, gives the portfolio time to rebound and recover – greatly preserving the value and increasing the longevity of the portfolio.

    www.reversemortgagegroup.org  Call us with any questions.  805-738-8326

    For additional information on this topic, see our video ‘Reduce Risk and Add Longevity to Your Retirement Portfolio’ here: https://youtu.be/aAU6ekExASE

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    15 mins
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