Basics of Reverse Mortgages – On The Radio

Reverse Mortgage MN on The RadioThis past week I had the pleasure of being a guest on the radio show, “The Unexpected Caregiver” hosted by Kari Berit.  We covered the basics of reverse mortgages to clarify the facts and share some stories of Minnesota reverse mortgage borrowers and how they have benefited from a reverse mortgage.  Rather than writing this blog post I thought I’d share the link to the show for your listening:  The Unexpected Caregiver – The Reverse Mortgage Basics with Beth Paterson – Part 1

Next week I will again be a guest on the radio show when we will cover the myths of reverse mortgages.  Be sure to come back and check out this show to learn more about reverse mortgages.

Kari was a great host and deligtful to work with.  In addition to Kari hosting the radio show she is an author, speaker and coach.  Her book, “The Unexpeccted Caregiver” is full of ideas and resources to use as a caregiver.   I love her book and highly recommend it.  You can find more information at her website, www.TheUnexpectedCaregiver.com

© 2010 Beth Paterson, Beth’s Reverse Mortgage Blog, 651-762-9648

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Blog posts’ information is current as of date post published, program is subject to change in in the future. Contact us for current information, 651-762-9648.

This site or the information provided is not from, or approved by, HUD, FHA, or any US Government or Agency.

4 thoughts on “Basics of Reverse Mortgages – On The Radio

    • Hi Teresa,
      No this is not true. Reverse mortgages do not require monthly payments. But rather the loan is repaid when the home is no longer the primary residences of the borrower(s) usually upon moving, death or sale of the property.

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