Season 6 · Episode 280
280 – Are Reverse Mortgages a Good Idea?
Debt Free in 30 · Doug Hoyes
January 11, 202036m 7s
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Show Notes
On today's show first time guest Alexandra Macqueen, CFP explains what a reverse mortgage is, how they work, and who qualifies. More importantly, Ms. Macqueen does not sell reverse mortgages; she's a financial planner and university educator, so she has no vested interest in whether or not you get a reverse mortgage, so she is able to offer unbiased advice on this increasingly popular borrowing option for home-owning seniors. Are they a good idea? That answer and more on today's show.