Interviews with Experts: Reverse Mortgages Explained with Joshua Serrano

Описание: Reverse mortgages are often misunderstood—even by experienced mortgage professionals. In this episode of The Mortgage Reports Podcast, host Mike Eshelman sits down with Josh Serrano, a reverse mortgage expert with over 15 years of dedicated experience, to break down how reverse mortgages really work.
From common myths like “the bank owns your home” to concerns about heirs, equity, and whether reverse mortgages are scams, this in-depth conversation covers the facts every homeowner and retiree should know.
Josh explains reverse mortgages in simple terms, compares them to HELOCs and cash-out refinances, and walks through real-world scenarios showing how retirees use reverse mortgages to improve cash flow, reduce financial stress, and even plan proactively for retirement.

In this video, you’ll learn:
*What a reverse mortgage is and how it works (Reverse Mortgage 101)
*The biggest myths and misconceptions about reverse mortgages
*Who reverse mortgages are best suited for—and who they’re not
*How reverse mortgages compare to HELOCs and traditional refinancing
*What “non-recourse” means and how it protects heirs
*How retirees use reverse mortgages for income, debt relief, and lines of credit
*Built-in safeguards like HUD-approved counseling
*What questions to ask to make sure you’re working with a reputable lender

Reverse mortgages can be a powerful financial tool for the right homeowner. This episode is designed to educate homeowners, families, and even loan officers who want a clearer, honest understanding of today’s reverse mortgage options.