Why Dave Ramsey Hates Reverse Mortgages (But He's Wrong)

Why Dave Ramsey Hates Reverse Mortgages (But He's Wrong). PSA: Why you SHOULDN’T get a 15-year Mortgage

Why Dave Ramsey Hates Reverse Mortgages (But He's Wrong) video duration 12 Minute(s) 19 Second(s), published by Reverse Mortgage Reality on 10 05 2019 - 20:18:53.

Our good buddy Dave Ramsey(who actually isn't licensed as any sort of a financial advisor-or mortgage loan originator) really hates reverse mortgages He Dave lays out the steps you should take when you're ready to buy a house
Get a FREE customized plan for your money
It only takes 3 minutes!

Dave Ramsey Explains Why He Is Okay With Mortgage Debt Get a FREE customized plan for your money
It only takes 3 minutes! http://bit.ly/2YTMuQM Visit the Alright, it's time for us to Face off with Dave Ramsey
In this video, we're going to react to Dave Ramsey's rant on a Home Equity Line of Credit (HELOC) HELOC Here's why I don't recommend getting a 15 year mortgage vs a 30 year mortgage, and how taking out a longer term loan could leave you with WAY more .

Our good buddy Dave Ramsey(who actually isn't licensed as any sort of a financial advisor-or mortgage loan originator) really hates reverse mortgages👿

He hates the reverse mortgage for the following reasons.

✔First, some people have lost their homes because they got reverse mortgages and stopped paying their property taxes(which all homeowners are REQUIRED to do)🙄

✔Reverse Mortgage interest rates(which seniors don't have to pay) are higher than 3.5%(which is what 15 year fixed mortgages were at).

But in the same breath he recommends that seniors get 15 year fixed mortgages, which would destroy most seniors' cash flow.

So the question is.does Dave Ramsey UNDERSTAND senior citizens or is he just ranting as CLICKBAIT😂😂😂

Watch this video with an open mind, and let me know if you learned something.

Then please subscribe at https://www.youtube.com/channel/UCC0Fs1yi7TAPk7mOVT9aT-w?sub_confirmation=1

Finally, for more information feel free to contact me at:
www.reversemortgagereality.com/why-does-dave-ramsey-hate-reverse-mortgages/
jasone@reversemortgagereality.com
(267) 289 1095