What is a reverse mortgage?

We have seen a lot more of reversed mortgage these days and we think for the right person it is a good product. In Johns viewpoint is a person that who has let’s say limited monthly income coming in and they make their money last as long as they can. They need to keep their obligation on the monthly basis as low as possible. That person can benefit from the reversed mortgage but is all depends on monthly cash flow. Just because you’re avoiding the need to write a check for the mortgage for the month. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/ Direct: 702-324-1683 NMLS# 552596 6180 Brent Thurman Way, Ste a260, Las Vegas, NV 89148 ©2019 Axia Home Loans is a Registered Trade Name of Axia Financial, LLC - NMLS ID 27830 1120 112th Ave NE, Suite 600, Bellevue, WA 98004, (855) 355-2942. Equal housing Opportunity Logo