How Does a Reverse Mortgage Work – A Simple Explanation

Don Graves, President and Chief Conversation of the HECM Advisors Group. (Dedicated to helping advisors understand how Housing Wealth can positively impact retirement outcomes) shares with the Faculty and Staff at the American College of Financial Services. http://HousingWealth.net
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A simple narration and drawing for an explanation of how a reverse mortgage works by structure. Explains the different aspects of a reverse mortgage in general terms. Please note this is for educational purposes only and you should consult with an agent to assess your personal needs.

Thank you to Jeffrey Bangerter of WSB Mortgage Services for the content of the video. Please subscribe to his channel!
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Simple Explanation of a Reverse Mortgage

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