Reverse Mortgage Radio

Imagine turning decades of homeownership into a practical safety net without packing a single box or moving across town. In this episode I walk you through a clear, no-nonsense framework called ACCESS — six straightforward ways a reverse mortgage can improve your monthly cash flow, reduce financial stress, and help you stay in the home you love. I’ll share real-life examples from Colorado homeowne...

If you’re 68–70, living in a suburban Colorado home you love, and wondering how to stretch Social Security and a small pension without giving up independence — this episode is for you. I walk you through the plain‑spoken facts about reverse mortgages (HECMs), what’s required to keep your home, and the real ways seniors are using this tool to pay taxes, cover healthcare surprises, and enjoy life wi...

Hello — Bruce Simmons here. If you wake up worrying about rising bills, surprise medical costs, or whether your savings will last, this episode is for you. I speak plainly about three pressures squeezing seniors today: rising Medicare costs, ever-higher housing expenses, and the sudden drop in income after a spouse dies. I’ll share real Colorado stories and explain how a reverse mortgage can be a...

If you own your home and worry about stretching Social Security, pensions, and savings, this episode is for you. I walk you through the seven clear steps to get a reverse mortgage. I explain what really happens at each stage, what to expect, and what to watch out for. I use real examples from Colorado homeowners I’ve helped so you can see how this works in everyday life. By the end, you will know...

If the thought of a government shutdown makes your finances feel shaky, this episode is for you. I walk you through what a shutdown really looks like, how it affects new and existing reverse mortgages, and what steps you can take now to protect your home and cash flow. I use plain talk, real examples, and 22 years of experience to give you clear, practical steps you can use today. What You’ll Lear...

Halloween makes people think about ghosts and things that go bump in the night. Reverse mortgages often feel the same way — full of scary stories and bad guesses. I’ll walk you through the real facts, clear up the biggest misunderstandings, and show how a reverse mortgage can give you breathing room in retirement. I’ll use clear examples from real Colorado homeowners so you can hear how this works...

Are you wondering whether to get a reverse mortgage now or wait a few years? I hear that question all the time. In this episode, I break down the real costs and real benefits of acting now versus waiting. I share plain facts, real examples, and practical advice so you can decide with confidence — not guesswork. If you own your Colorado home and want to protect your retirement income, this episode...

Have you ever wondered why reverse mortgages carry mortgage insurance when you never had it on your last loan? I get that question all the time. On this episode I’ll explain where HECM mortgage insurance came from, how it works, and — most important — why it benefits you and your heirs. I’ll use simple examples and real-world stories from Colorado so you can hear how this protection plays out in e...

If you own a Colorado home and worry about stretching Social Security and pension checks, this episode is for you. Today we look at a little-known way to get more control from your FHA-insured reverse mortgage. Most people know reverse mortgages let you skip monthly payments. Fewer know you can choose to make payments—and that choice can give you flexibility, protect equity, and grow your availabl...

You heard the headlines: the Federal Reserve cut short-term interest rates. But what does that actually mean for your reverse mortgage — or for your plans to get one? In this episode I walk you through the difference between the Fed’s short-term lever and the long-term rates that set reverse mortgage borrowing power. I use plain language, real examples, and 22 years of experience so you can know w...

You’ve heard the warnings from a neighbor, a news headline, or a worried adult child — and suddenly you stop asking questions. In this episode I break down the five myths that keep homeowners from even exploring reverse mortgages. I use plain examples, real stories, and clear rules so you can separate the facts from the fear. If you want to protect your home, your savings, and your peace of mind,...

Have you ever wondered whether a reverse mortgage could help you pay bills, cover home repairs, or boost your monthly income — without losing your home? In this episode I break down the three clear rules that matter: age, how much equity you have, and a basic financial check. I’ll use real examples and plain language so you can hear exactly where you stand and what next steps look like. What You'l...

Have you wondered how lenders figure out the exact dollar amount you can get from a reverse mortgage? On this episode I walk you through the formula step by step, using plain English and real examples. I explain why age, home value, and interest rates matter, and why the numbers you see today look very different from those a few years ago. If you want to know how much cash you might access without...

Welcome to Reverse Mortgage Radio. I’m Bruce Simmons, your guide to making smart decisions with reverse mortgages. Today, we’re diving into eight mistakes that many reverse mortgage borrowers make—and how you can steer clear of them. Whether you’re just thinking about applying or already have a reverse mortgage, these tips will protect your financial future and help you keep your home secure. I’ll...

Hi, I’m Bruce Simmons, your Reverse Mortgage Professor. If the idea of a reverse mortgage has crossed your mind but left you feeling confused or unsure where to begin, this episode is just for you. Today, I’m taking you step-by-step through the entire reverse mortgage process—seven clear stages that will help you understand how to unlock the cash tied up in your home safely and confidently. From t...

Welcome to today’s episode of Reverse Mortgage Radio. I’m Bruce Simmons, and today, we’re tackling one of the most misunderstood parts of reverse mortgages—what actually happens when the loan comes due. Many people worry about surprises, losing their home, or leaving a financial burden on their family. I’m here to break it down in simple terms, step by step, so you’ll know exactly what to expect....

Hello and welcome to Reverse Mortgage Radio! I’m Bruce Simmons, and today we’re diving into a topic that often confuses retirees: should you tap into debt or sell your assets during retirement? We’ll explore this through the lens of an insightful article by financial expert Brady Mullen. If you’ve ever wondered whether a reverse mortgage is the right move or if selling investments is better, this...

If you’re a retired homeowner like many in Colorado’s suburbs, you might be wondering if a reverse mortgage could help ease financial worries. But before you make any decisions, there are five crucial questions you need to ask yourself. In this episode, I’ll walk you through these questions to help you understand the true benefits and risks of reverse mortgages. Whether you want to stay in your ho...

Welcome to this episode of Reverse Mortgage Radio. Today, I’m sharing real stories from seniors who used reverse mortgages to turn their dreams into reality. Whether it’s moving to a better home, taking that long-awaited trip, or easing financial worries, these stories show how a reverse mortgage can open new doors. If you’re retired and wondering how to make your home work for you, this episode i...

Worried about reverse mortgage scams? You’re not alone. Many seniors hear stories that make them question if reverse mortgages are safe or just risky traps. In this episode, I’ll clear up the confusion and separate fact from fiction. We’ll look at common misconceptions, outdated information, and show you how reverse mortgages really work. You’ll learn how to protect yourself, your home, and your f...

Hey there, it’s Bruce Simmons, your Reverse Mortgage Professor, coming to you with a powerful episode about a different kind of freedom—financial freedom in retirement. We all know what it means to celebrate American independence, but what about your personal independence when it comes to money?  Today, I’m diving deep into how a reverse mortgage can be the key to unlocking financial peace, letti...

Hello, and welcome to Reverse Mortgage Radio. If you’ve ever felt lost in the maze of reverse mortgage terms like HECM, maximum claim amount, or negative amortization, you’re not alone. Today’s episode is here to clear up the confusion. I’ll break down these terms into simple language so you can understand exactly what a reverse mortgage means for you and your home. Whether you’re managing retirem...

Hey there, welcome to Reverse Mortgage Radio! I’m Bruce Simmons, your guide to understanding how reverse mortgages can be a powerful tool to protect your financial future and your home. In today’s episode, we’re tackling the three biggest fears that stop so many homeowners—maybe even you—from exploring a reverse mortgage. If you’ve ever worried about losing your home, leaving debt to your kids, or...

Hi, I’m Bruce Simmons, your Reverse Mortgage Professor. Are you a retiree wondering how to buy a new home without monthly mortgage payments or draining your savings? In today’s episode, I’ll share the top five reasons seniors choose reverse mortgages to buy their next home. You’ll hear stories about people right-sizing their homes, moving closer to family, and improving their quality of life—all w...

Hi, I’m Bruce Simmons. If you’re 62 or older and own a home in the Denver area, you might be wondering what the recent changes in the housing market mean for you. Prices are slowing down, more homes are for sale, and properties are staying on the market longer. In this episode, we’ll break down these shifts and explain how they affect your home’s value and your options with a reverse mortgage. Whe...