• Services
    • Financial Planning
    • Investment Management
  • Resources
    • Clear & Concise Blog
    • Retirement Q&A
    • Free Tools
    • In the Media
  • About Us
  • Contact Us
  • Client Login

Jeremy Kisner

Mobile Menu
(877) 975-7400
|
STRATEGY SESSION
  • Services +
    • Financial Planning
    • Investment Management
  • Resources +
    • Clear & Concise Blog
    • Retirement Q&A
    • Free Tools
    • In the Media
  • About Us
  • Contact Us
  • Client Login

Q: How does a reverse mortgage work?

A: A reverse mortgage is the only way to borrow money against the equity in your home without ever having to make a payment. A reverse mortgage can reduce financial stress and/or improve a retiree’s standard of living. The loan, plus interest, gets paid back when the last remaining homeowner passes away or moves out of the home. Any remaining equity after paying off the loan passes to the homeowner’s beneficiaries. The loan is also non-recourse, so you and your heirs can never owe more than the value of the home. The youngest homeowner must be 62 and any existing mortgage must be paid off by the reverse mortgage. Read: Reverse Mortgage: An Underutilized Tool? &  Reverse Mortgages: The Latest Research.

    Q & A Categories

  • About Us
  • Debt & Liabilities
  • Estate & Legacy Planning
  • Featured
  • Insurance & Annuities
  • Investments
  • IRA’s & Qualified Plans
  • Kids & Family
  • Miscellaneous
  • Retirement Planning
  • Social Security
  • Taxes

JEREMY KISNER, CFP

Jeremy is a lover of all things finance. He likes to play poker, go camping, and practice yoga, but he loves to talk economics and investment strategies even more.

Make sure to read his book, “A Good Financial Advisor Will Tell You” and check out an article quoting him in Barron’s or The Wall Street Journal.

Jeremy Kisner Wealth Management

2425 E. Camelback Rd, Suite 885
Phoenix, AZ 85016
(480) 485-8822

CLEAR & CONCISE FINANCIAL ADVICE®

Get our Clear & Concise Financial Advice newsletter. Learn from our weekly insights in 3 minutes or less. We only send one email per week and promise to never share your email address.
© 2018 | Surevest Inc., DBA Jeremy Kisner Wealth Management, is a Registered Investment Advisor | Privacy Policy | Disclosure