The Longevity Economy: Reverse Mortgages, Retirement Planning & the New Down Payment Advantage with Michael Banner

The mortgage industry is evolving alongside a major demographic shift: Americans are living longer than ever before, and that reality is transforming the way borrowers approach retirement, home equity, and homeownership. In today's Hot Topic, David Lykken sits down with mortgage veteran Michael Banner to discuss the rise of the “longevity economy” and why mortgage professionals must move beyond simply quoting rates to becoming long-term financial guides for their clients. From debunking myths surrounding reverse mortgages to uncovering a unique down payment assistance program with no income limits, Banner shares how today’s loan officers can help borrowers navigate rising home prices, retirement challenges, and multi-decade financial planning. This conversation delivers timely insights for mortgage professionals looking to stay relevant in a rapidly changing housing market.