How to do a Reverse mortgage
In this episode of The Jones zone, Darryl Jones sits down with James Zures, a Reverse Mortgage specialist. Join Darryl as James discusses the advantage of a reverse mortgage, how to figure out how much you get per month, and why it's the gift that keeps giving.
Episode Highlights:
- The advantage of reverse mortgage.
- A lump sum, monthly payments or the best option.
- 62 years or older to qualify for reverse mortgage.
- Origin of the term "Reverse Mortgageā
Key Questions Asked:
- What is a reverse mortgage? Where does the reverse come from?
- Why are FHA loans the most popular?
- How do you figure out how much you get per month?
- Do you still keep getting money even when its passed the value of the house? Is there a cutoff?
Guest Information:
James Zures
714 392 3889
Contact Darryl:
Darryl & JJ Jones Real Estate
Email: darrylandjj@gmail.com
Phone: (714) 713-4663