EPISODE · Feb 5, 2026 · 29 MIN
The 5 Real Downsides of a Reverse Mortgage -- What Retired Homeowners Should Know
Is a reverse mortgage actually a "bad" deal? In this episode, Bruce Simmons (The Reverse Mortgage Professor) flips the script to discuss the pros AND the cons. From upfront mortgage insurance and growing loan balances to what actually happens to your heirs, Bruce breaks down the five most common downsides with total transparency. If you’re a Colorado homeowner aged 62+ looking for the facts without the hard sell, this episode is for you. Learn why there’s no such thing as a perfect financial product—only the right tool for your specific situation.
What this episode covers
Is a reverse mortgage actually a "bad" deal? In this episode, Bruce Simmons (The Reverse Mortgage Professor) flips the script to discuss the pros AND the cons. From upfront mortgage insurance and growing loan balances to what actually happens to your heirs, Bruce breaks down the five most common downsides with total transparency. If you’re a Colorado homeowner aged 62+ looking for the facts without the hard sell, this episode is for you. Learn why there’s no such thing as a perfect financial product—only the right tool for your specific situation.
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The 5 Real Downsides of a Reverse Mortgage -- What Retired Homeowners Should Know
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