Listen to the Podcast
- 3:30 – What are you retirement goals
- 4:25 – For many house is largest investment
- 5:12 – What are your options
- 6:42 – What is a Home Equity Conversion Mortgage (HECM)
- 7:34 – Advantages of a HECM
- 9:30 – Loan disbursement options
- 11:35 – How calculate amount equity available to you
- 14:15 – HECM line of credit
- 16:58 – Reverse mortgage to purchase a new home
- 20:26 – HELOC vs HECM
- 22:40 – Questions
Ernie Castro has spent the last 13 years of his career originating reverse mortgage loans in the DC Metro area. His expertise, understanding, and ability to work through complex problems has helped him close nearly 400 loans.
