M. A. and his retired family still needed to work part time to make payments for a motor home and other expenses. They had money in the bank but wanted to keep it. With a HECM they paid off the motorhome and have quality time to use it with the family. When they pass, their children get the house and the money in the bank/retirement funds, and yes, even a paid-for motorhome.
THE TRAVELER
January 11, 2019
Jay Kaplan
This is the place to share. Share news, updates and opinions. The reverse is the most misunderstood item in the lending and financial home ownership arena; we need more exchange of ideas.
This area is for questions and, I hope; answers. Please keep the dialogue going in the name of education, and that goes both ways. Please see that I have added two categories from The Educated Retirement show for Nostalgia and Wisdom
Posted In: SUCCESS STORIES
