Author Description

Another essential guide by reverse mortgage expert, Michael Malyszko, How to Buy a Home Using a Reverse Mortgage gives you the knowledge you need to make an informed home-buying decision. Knowing that purchasing a home with a reverse mortgage is only the first step for potential homebuyers. Once you understand that it’s a possibility, Malyszko’s guide fills in the gaps, giving you information and insight that can transform your retirement. Written in an easy-to-digest way, How to Buy a Home Using a Reverse Mortgage is the conversation you need to have with a lender — only you can do it on your own time and revisit each chapter as needed. In this guide you’ll learn: - Exactly what a reverse mortgage is and how to leverage one to purchase a home - The difference between HECMs and Jumbo Proprietary Purchases so that you know which is right for you - The reality of purchasing a home with a reverse mortgage, including the advantages and disadvantages - The answers to the most commonly asked questions about reverse mortgage loans and purchasing a home during retirement A powerful tool for anyone over the age of 55 looking to purchase a new home, this is a guide designed to be read, re-read, and shared with anyone who’s looking for a smarter way to live in the home of their dreams — and with zero mortgage payments.