Traditional vs Reverse Mortgages E19
Lawgitimate hosted by Mike & Rochelle Poulton with special guest, Jim Hostler with High Tech Lending. This week’s episode “Over 60? Traditional vs. Reverse Mortgages” covered a lot of topics.
- Beware the Coronavirus Face Mask Exemption Card
- Identity theft and how to resolve it
- Business Lending and business credit
- Masks – can you be forced to wear one? Yep.
- Traditional v. Reverse Mortgages
- Types of Mortgage Loans – ARM v. Fixed v. Negative Amortization
- Who qualifies for a Reverse Mortgage?
- All the perks of a Reverse Mortgage
- Yes, you still own and can keep your house
- Over 62? Consider a Reverse Mortgage
Enjoy!
This episode explores mortgage options for people over 60 – should you refi or consider a reverse mortgage? We discussed the changes in the law that turned a reverse mortgage from a racket into an awesome financial planning tool and several scenarios discussing when a reverse mortgage is better than refinancing.
If you have questions, we have answers. Email us at lawgitimate@xfirmlaw.com.
High Tech Lending is one of the top 10 reverse mortgage lenders in the country. Founded in 2008, if it headquartered in Irvine, CA. Jim’s branch is located in Phoenix and serves AZ, CA, CO & IL.
Jim Hostler, Author, Educator, Speaker & Reverse Mortgage Specialist. Author of “Reverse Mortgage 360; A New Perspective”. Jim is uniquely qualified with over 25 years of mortgage experience and a passion to help senior home homeowners. He meets his client’s in their home and encourages collaboration with family and other professions. In light of the current environment, Jim is utilizing many other options to communicate with his clients until it is again safe to meet in person.
Jim holds a Master’s degree, and is currently working on his doctoral degree in Metaphysics. During the real estate downturn, Jim worked for one of the top three Diversity Training company’s in the U.S. and facilitated training to company’s such as Caterpillar, Nationwide Insurance, Sara Lee, and the U.S. Forest Service. His degree and training give Jim a unique advantage to listen to, understand, and work with, a wide and diverse group of people.
Serving Arizona, California, Colorado & Illinois.
Connect with Jim on LinkedIn and Facebook.
About Your Hosts
Rochelle Poulton is an attorney and owner of X Firm LLC. Rochelle has been helping people with Credit and Debt issues since 2012, owns several small businesses, and has nearly 20 years of real estate experience.
Rochelle created Lawgitimate to bring in a network of awesome people to raise awareness and educate people about the litany of legal issues she faces everyday at X Firm LLC.
Connect with Rochelle on Linkedin, Facebook and Instagram.
Mike Poulton, with Poulton & Noroian, draws on his knowledge and experience in other fields to serve his clients. As an experienced science researcher, Mike understands technical issues that many other attorneys cannot, and applies that knowledge for his clients’ benefit. His construction management experience also provides him with a broad knowledge base not only in construction law, but also in regulatory compliance, worker safety, and negotiation.
Michael is licensed to practice law in Arizona and is admitted to practice before the U.S. Federal District Courts in Arizona.
Connect with Mike on LinkedIn.
About X Firm PLLC
We help clients improve their financial lives through strategic financial transaction planning. Whether you want to buy a car, a home, or a building, X Firm can help you reach your goals in 3 easy steps.
We are small but mighty and love helping people get back on track financially. Learn more about us at XFirmLaw.com.
