In our first episode, you learned the importance of having a trust and keeping it up to date with estate planning attorney Jason Morris.   This week’s episode casts a new light on an industry that has garnered its share of negativity: reverse mortgages.

My guest, John Terveer, is the owner of  CTC Financial, Inc., a mortgage brokerage that specializes in reverse mortgages.   John has been in the business as long as reverse mortgages have existed, and he has seen it all.  He’s offered to share his lifetime of expertise to show us how a reverse mortgage can be a powerful and flexible financial tool once you understand how to use it correctly.  He also breaks down some of the new regulations that have made it possible.

John is among our esteemed team of experts at InvestX, a Hughes Capital exclusive learning event, Wednesdays, Oct 11th – Nov 15th, at Lead Dog Brewery in Reno.  Come see John in person on October 18th to ask him everything you ever wanted to know about reverse mortgages.  Find out more about InvestX here!

In our last episode, you learned the importance of having a trust and keeping it up to date with estate planning attorney Jason Morris.  This week’s episode casts a new light on an industry that has garnered its share of negativity: reverse mortgages.

My guest, John Terveer, is the owner of  CTC Financial, Inc., a mortgage brokerage that specializes in reverse mortgages.  John’s been in the business as long as reverse mortgages have existed, and he has seen it all. He’s offered to share his lifetime of expertise to show us how a reverse mortgage can be a powerful and flexible financial tool once you understand how to use it correctly. He also breaks down some of the new regulations that have made it possible.

John answers questions like:

• What is a reverse mortgage and how does it work?
• What are the advantages and disadvantages of reverse mortgages?
• What’s the secret formula that tells you how much you qualify for?
• Can you really lose your home when you take out a reverse mortgage?
• How can someone with bad credit qualify for a reverse mortgage?
• What is the interest rate on a reverse mortgage?

Find out more about this surprising financial tool, and if a reverse mortgage is right for you, by checking out the episode below.

John answers questions like:

• What is a reverse mortgage and how does it work?
• What are the advantages and disadvantages of reverse mortgages?
• What’s the secret formula that tells you how much you qualify for?
• Can you really lose your home when you take out a reverse mortgage?
• How can someone with bad credit qualify for a reverse mortgage?
• What is the interest rate on a reverse mortgage?

Find out more about this surprising financial tool, and if a reverse mortgage is right for you, by checking out the episode below.

Listen to the Recording

[smart_track_player url=”http://traffic.libsyn.com/hughescapital/Ep_002_John_Treveer_mixdown.mp3″ title=”Ep 002: The Far-From-Ugly Truth About Reverse Mortgages with John Terveer” artist=”The Edge with Greg Hughes” social_linkedin=”true” social_email=”true” background=”#000000″]