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Reverse Mortgages- where do you and they stand now in light of Covid19?

  • Broadcast in Real Estate



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Where do we go from here? Covid19 has had a major effect on all of us. We pray that you and your family are safe and healthy.This period has caused us to really look at what is most important. We are also so used to trusting that our monies are safe, our plans are intact at least to the point we have made plans... It is so important to keep peace, to stay the course, to not have fear.  Reverse mortgages have changed dramatically for the better. Steve Sless, an expert in reverse mortgages and a regular contributor on our show,  joins us today to give us details on how to "Age in Place" and even purchase a home using either a reverse mortgage or forward reverse mortgage... bet you didn't know they also come with lines of credit that earn interest?

I love having Steve on our show. He is a master at doing his homework on reverse mortgages daily. He truly cares about everyone he serves. It isn't just a business venture for him. I am honored to know him. Takes time to get to know people and trust which comes with time... Steven J. Sless runs PRMI’s first consumer-direct retail branch dealing exclusively with reverse mortgages (located in Owings Mills, Md.) He also coaches traditional loan originators working at PRMI’s 270 branches nationwide about reverse mortgages. A powerful speaker and communicator, Steven regularly present seminars and learning workshops for senior home owners, their family and trusted advisors. Steven educates on how the strategic use of home wealth, by way of a reverse mortgage, can protect and preserve a retirement portfolio to ensure so seniors don’t outlive their money. His goal is to dispel myths and common misperceptions about reverse mortgages. In 2019, Steven earned the CLTC®: Certified Long-Term Care professional designation.– financially, physically and emotionally – years down the road.