Many seniors worry that a reverse mortgage will "steal" their children's inheritance, but the reality is often the exact opposite. This episode explores three major reasons why adult children encourage their parents to tap into their home equity, from maintaining independence to protecting the family estate from future debt.

Many seniors worry that a reverse mortgage will "steal" their children's inheritance, but the reality is often the exact opposite. This episode explores three major reasons why adult children encourage their parents to tap into their home equity, from maintaining independence to protecting the family estate from future debt.

Reverse Mortgage Radio

3 Reasons a Reverse Mortgage Is Actually GOOD for Your Kids

Bruce Simmons explains why he visits homes personally to spot appraisal hurdles like missing handrails or CO2 detectors before they stall your loan.

Bruce Simmons explains why he visits homes personally to spot appraisal hurdles like missing handrails or CO2 detectors before they stall your loan.

Pre-Appraisal Prep: Is Your House Ready for a Reverse Mortgage?

Join Bruce Simmons and industry expert Michael Banner as they debunk the "Wild West" myths of reverse mortgages and explain how modern FHA protections have transformed home equity into a strategic retirement tool.

Join Bruce Simmons and industry expert Michael Banner as they debunk the "Wild West" myths of reverse mortgages and explain how modern FHA protections have transformed home equity into a strategic retirement tool.

The 'Wild West' is Over: Why the Reverse Mortgage of 2026 is Nothing Like Your Father's

Ever wondered why reverse mortgages have so many specific rules? Today I am going "under the hood" to explain three quirky regulations. From the 60% disbursement limit to how appraisals are scrutinized, learn how these rules were designed to protect your home and your retirement.

Ever wondered why reverse mortgages have so many specific rules? Today I am going "under the hood" to explain three quirky regulations. From the 60% disbursement limit to how appraisals are scrutinized, learn how these rules were designed to protect your home and your retirement.

Reverse Mortgage Rules Under the Hood: Why Reverse Mortgage "Red Tape" is Actually Your Best Friend

Worried a single late payment or a modest income might disqualify you from a reverse mortgage? In this episode I will break down the four key requirements for qualifying in Colorado—Age, Equity, Payment History, and Residual Income—and explain why 'perfect' credit isn't the goal. Learn how the Letter of Explanation (LOE) and Life Expectancy Set Aside (LESA) work in your favor.

Worried a single late payment or a modest income might disqualify you from a reverse mortgage? In this episode I will break down the four key requirements for qualifying in Colorado—Age, Equity, Payment History, and Residual Income—and explain why 'perfect' credit isn't the goal. Learn how the Letter of Explanation (LOE) and Life Expectancy Set Aside (LESA) work in your favor.

Can I Actually Qualify? The 4 Pillars of Reverse Mortgage Requirements

You're ready to downsize, relocate, or become a "grandbaby chaser," but worried about high interest rates or a new monthly mortgage payment? In this episode, I’ll explain the "Reverse for Purchase" program—a powerhouse strategy that lets you buy your next Colorado home using your equity without ever having to make a required monthly mortgage payment. Learn how to "overfund" your loan to create a growing, tax-free line of credit and protect your retirement portfolio.

You're ready to downsize, relocate, or become a "grandbaby chaser," but worried about high interest rates or a new monthly mortgage payment? In this episode, I’ll explain the "Reverse for Purchase" program—a powerhouse strategy that lets you buy your next Colorado home using your equity without ever having to make a required monthly mortgage payment. Learn how to "overfund" your loan to create a growing, tax-free line of credit and protect your retirement portfolio.

Buy a Home with a Reverse Mortgage: HECM for Purchase Strategy

In this episode, I’m challenging the myth that a reverse mortgage is only for the desperate. If you’ve spent a lifetime building wealth, you might be surprised to learn how an FHA-insured HECM is becoming a sophisticated tool for the financially savvy. I’ll break down three rational reasons why asset-rich homeowners use a line of credit to gain liquidity without selling investments, protect their retirement savings from market drops, and manage their tax-free cash flow. If you’re over 62 and want to make the most of your home equity, join me for this conversation.

In this episode, I’m challenging the myth that a reverse mortgage is only for the desperate. If you’ve spent a lifetime building wealth, you might be surprised to learn how an FHA-insured HECM is becoming a sophisticated tool for the financially savvy. I’ll break down three rational reasons why asset-rich homeowners use a line of credit to gain liquidity without selling investments, protect their retirement savings from market drops, and manage their tax-free cash flow. If you’re over 62 and want to make the most of your home equity, join me for this conversation.

The Savvy Strategy: 3 Reasons Asset-Rich Homeowners Use Reverse Mortgages

Want to stay in your home forever? Bruce Simmons chats with Consultant on Aging Amy Lane about the simple "home hacks"—from barn doors to grab bars—that make aging in place safe and easy in Colorado.

Want to stay in your home forever? Bruce Simmons chats with Consultant on Aging Amy Lane about the simple "home hacks"—from barn doors to grab bars—that make aging in place safe and easy in Colorado.

Aging in Place in Colorado: Local Resources and Practical Home Hacks

Ever heard the term "financial assessment" and felt a bit nervous? Don’t be! In this episode, we break down why the HECM financial assessment is actually a safety net for your retirement. We dive into the shift from traditional mortgage qualifying to "residual income" checks, explore how a Life Expectancy Set Aside (LESA) works, and explain why these rules exist to ensure you can stay in your home comfortably for the long haul. It’s about sustainability, protection, and peace of mind.

Ever heard the term "financial assessment" and felt a bit nervous? Don’t be! In this episode, we break down why the HECM financial assessment is actually a safety net for your retirement. We dive into the shift from traditional mortgage qualifying to "residual income" checks, explore how a Life Expectancy Set Aside (LESA) works, and explain why these rules exist to ensure you can stay in your home comfortably for the long haul. It’s about sustainability, protection, and peace of mind.

Understanding Financial Assessment: Your Safety Net for a Secure Retirement

Are the fears surrounding reverse mortgages based on reality or outdated myths? This episode explores the 35-year journey of the FHA-insured HECM, from its 1961 origins to the highly regulated program it is today. We discuss how a colorado reverse mortgage has transformed through major safety reforms, including non-recourse protection and financial assessment rules. You will learn about the strategic differences between a hecm vs heloc and how the reverse mortgage rate functions in a modern retirement plan. This conversation provides an educational look at current safeguards without offering financial advice. We invite you to listen to the full story.

Are the fears surrounding reverse mortgages based on reality or outdated myths? This episode explores the 35-year journey of the FHA-insured HECM, from its 1961 origins to the highly regulated program it is today.We discuss how a colorado reverse mortgage has transformed through major safety reforms, including non-recourse protection and financial assessment rules. You will learn about the strategic differences between a hecm vs heloc and how the reverse mortgage rate functions in a modern retirement plan. This conversation provides an educational look at current safeguards without offering financial advice. We invite you to listen to the full story.

The Evolution of Reverse Mortgages: Then vs. Now

In this special episode, I’m going to share  some "tough love" on how to choose the right lender. Not all reverse mortgages—or lenders—are created equal. Choosing the wrong one can cost you thousands in fees or lead to a plan that doesn't actually fit your retirement. I am going to  break down 7 smart tips to help you spot a "transactional" salesperson versus an educational specialist. Whether you’re looking at an FHA-insured HECM or a proprietary loan, learn what questions to ask to protect your equity and your peace of mind.

In this special episode, I’m going to share  some "tough love" on how to choose the right lender. Not all reverse mortgages—or lenders—are created equal. Choosing the wrong one can cost you thousands in fees or lead to a plan that doesn't actually fit your retirement. I am going to  break down 7 smart tips to help you spot a "transactional" salesperson versus an educational specialist. Whether you’re looking at an FHA-insured HECM or a proprietary loan, learn what questions to ask to protect your equity and your peace of mind.

How to Choose the Right Reverse Mortgage Lender (Without Making Costly Mistakes)

I’ve spent a lot of time talking about how these loans can help you stay in your home, but today’s show is different. Honestly, it’s one of the most important shows I do. My goal isn’t to sell you on anything—it’s to help you make an informed decision, even if that decision is "no."

I’ve spent a lot of time talking about how these loans can help you stay in your home, but today’s show is different. Honestly, it’s one of the most important shows I do. My goal isn’t to sell you on anything—it’s to help you make an informed decision, even if that decision is "no."

When is a Reverse Mortgage NOT the Right Choice? 4 Red Flags for Colorado Homeowners

Is a reverse mortgage actually a "bad" deal? In this episode, Bruce Simmons (The Reverse Mortgage Professor) flips the script to discuss the pros AND the cons. From upfront mortgage insurance and growing loan balances to what actually happens to your heirs, Bruce breaks down the five most common downsides with total transparency. If you’re a Colorado homeowner aged 62+ looking for the facts without the hard sell, this episode is for you. Learn why there’s no such thing as a perfect financial product—only the right tool for your specific situation.

Is a reverse mortgage actually a "bad" deal? In this episode, Bruce Simmons (The Reverse Mortgage Professor) flips the script to discuss the pros AND the cons. From upfront mortgage insurance and growing loan balances to what actually happens to your heirs, Bruce breaks down the five most common downsides with total transparency. If you’re a Colorado homeowner aged 62+ looking for the facts without the hard sell, this episode is for you. Learn why there’s no such thing as a perfect financial product—only the right tool for your specific situation.

The 5 Real Downsides of a Reverse Mortgage -- What Retired Homeowners Should Know

I explain the five biggest benefits of the FHA‑insured Home Equity Conversion Mortgage (HECM) for homeowners 62+. Learn how the HECM can change cash flow, offer flexible access to equity, protect heirs, and what federal safeguards exist. Ideal for cautious retirees exploring options to stay in their homes.

I explain the five biggest benefits of the FHA‑insured Home Equity Conversion Mortgage (HECM) for homeowners 62+. Learn how the HECM can change cash flow, offer flexible access to equity, protect heirs, and what federal safeguards exist. Ideal for cautious retirees exploring options to stay in their homes.

The Five Biggest Benefits of the FHA‑Insured HECM

I unpack five human reasons smart homeowners often say no to reverse mortgages — from shame to cognitive overload — and how understanding those feelings helps you decide if a HECM makes sense for your life.

I unpack five human reasons smart homeowners often say no to reverse mortgages — from shame to cognitive overload — and how understanding those feelings helps you decide if a HECM makes sense for your life.

5 Psychological Reasons Many Homeowners Resist Reverse Mortgages

Unlock the door to a financially free retirement with 'Reverse Mortgage Radio' – your go-to source for savvy financial insights in the world of reverse mortgages. Dive deep into the untapped potential of your home equity with industry experts, real-life success stories, and cutting-edge strategies that set us apart. Tune in to 'Reverse Mortgage Radio' and transform your golden years from uncertain to unbelievable. Hit subscribe and start redefining retirement on your terms today!

Unlock the door to a financially free retirement with 'Reverse Mortgage Radio' – your go-to source for savvy financial insights in the world of reverse mortgages. Dive deep into the untapped potential of your home equity with industry experts, real-life success stories, and cutting-edge strategies that set us apart. Tune in to 'Reverse Mortgage Radio' and transform your golden years from uncertain to unbelievable. Hit subscribe and start redefining retirement on your terms today!

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Reverse Mortgage Radio

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