• Services
    • Financial Planning
    • Investment Management
  • Blog
  • Resources
    • Retirement Q&A
    • Free Tools
    • In the Media
  • About
  • Contact

Jeremy Kisner

Mobile Menu
(480) 272-7116
  • Blog
  • Resources +
    • Retirement Q&A
    • Free Tools
    • In the Media
  • About
  • Contact

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

  • Debt & Liabilities
  • Estate & Legacy Planning
  • Featured
  • Insurance & Annuities
  • Investments
  • IRA’s & Qualified Plans
  • Kids & Family
  • Miscellaneous
  • Our Company (Surevest)
  • 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.

Services

Financial Planning Investment Management

Office
2425 E. Camelback Rd, Suite 890B, Phoenix, AZ 85016

Phone
(480) 272-7116

Work With Jeremy
Financial Planning Investment Management
Keep in Touch
Get my Clear & Concise Financial Advice delivered to your inbox. You will receive one email per week and I promise to never share your email address.
© 2021 | Jeremy Kisner, CFP is an Investment Advisor Representative of Surevest Inc. | Disclosure