Mortgage Insights – 8/18/26 Highlights –
On this week’s Your Money Matters Radio Show, we focused on Reverse Mortgages and separating facts from fiction. Mike Genova with our AIM team, joined as my guest.
Clearing Up Misconceptions
Many homeowners see their equity as their legacy — and that’s understandable. But we discussed some common myths:
- The bank takes your home
- Your heirs owe money if the balance exceeds the value
- Reverse Mortgages are only for those in financial distress
Reverse Mortgages are non-recourse loans, meaning neither you nor your estate owe more than the home’s value.
How You Stay Protected
You cannot lose your home as long as you:
- Maintain the property
- Pay property taxes and homeowners insurance
- Live in the home as your primary residence
These protections are clearly outlined in your loan documents.
Strategic Retirement Planning Tool
Reverse Mortgages today can:
- Eliminate existing mortgage payments
- Create a growing line of credit
- Improve monthly cash flow
- Help fund retirement goals or unexpected expenses
When structured properly, this can be a powerful financial strategy — not a last resort.
If you’re exploring retirement options or simply want clarity, let’s have the conversation.
Listen to the full 8/18/26 episode here:
https://www.haystackhelpradio.com/wp-content/uploads/2026/08/Haystack-08-18-26-REPEAT-Your-Money-Matters-Mortgage-Insights.mp3
📻 And be sure to tune in every Tuesday from Noon–12:30 PM on KLZ 560AM for Your Money Matters. Download the KLZ560 App.
With gratitude,
Kurt Rogers
Managing Broker | Affordable Interest Mortgage
(720) 895-0500 | www.aimortgage.net
Equal Opportunity Lender | Regulated by the Division of Real Estate
NMLS #217147 | IMB #2191655
