Today, I am diving into the world of reverse mortgages! They are a great income supplement tool for our mature population.

1. What is a reverse mortgage?

2. What can I use the money for?

3. What are the requirements?

4. Will I lose the equity in my home?

5. How much can I borrow, and what are the payments?

If you have questions about your mortgage or want to see on a future episode, send me an email michelle.evans@theplacetomortgage.com

In this episode, we cover the 5 elements of down payments and how they affect your mortgage:

1. What is the minimum down payment?

2. What is mortgage default insurance?

3. Why do rates change with a higher down payment?

4. How do gifted down payments work?

5. Can I borrow my down payment?

If you want to know more about your situation, or want a questions covered on a future episode, email me at michelle.evans@theplacetomortgage.com

In this episode, I cover the top 5 differences between a mortgage broker and a bank.

1. Education
2. Product options
3. People we can help
4. Pay and Disclosures
5. Reachability

To discuss your mortgage needs or submit questions for future episodes, email me at michelle.evans@theplacetomortgage.com

Visit my website and schedule a call www.michelleevans.me