Understanding Reverse Mortgages with Mitchell Cooper

Do you understand what a reverse mortgage is? In this twelfth episode, I am joined by Mitchell Cooper to talk all about his insights, advice, and perspective as a Certified Reverse Mortgage Professional. Through his work, Mitchell provides education to professionals and homeowners about the strategic use of the Home Equity Conversion Mortgage in retirement income planning. Throughout this conversation, Mitchell talks about the biggest misconception about reverse mortgages, what the Reverse for Purchase program is, common mistakes that people make when it comes to reverse mortgages, what goes into the loan process, and examples of client situations he has worked on. If you have been confused about the ins and outs of reverse mortgages, Mitchell’s expertise will help answer the basic questions you may have. Tune in to this episode of On Life With Helen to learn from Certified Reverse Mortgage Professional, Mitchell Cooper! In This Episode, You Will Learn: What the biggest misconception is about reverse mortgages (2:27) What happens when the last resident passes or goes into a long term care facility (16:00) About the Reverse for Purchase program (20:30) Mitchell’s explanation of the loan process (28:27) Mitchell’s vision for the future of the reverse mortgage industry (35:31) Connect with Mitchell LinkedIn Let’s Connect! Email LinkedIn Website - Ornellas Insurance Facebook Page - Ornellas & associates insurance services Facebook Profile Helen Ornellas Lanham Hosted on Acast. See acast.com/privacy for more information.