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Colorado’s First Certified Reverse Mortgage Specialist  - (303) 467-7821

Reverse Mortgage Blog

Reverse Mortgage Funding Heloc Challenge

- Thursday, July 20, 2017

A company that I do business with recently conducted an experiment where they had 88 people do a blind test to compare a traditional Home Equity Line of Credit (product A) to a Reverse Mortgage Line of Credit (Product B).

All that is discussed are the benefits as well as some of the basic differences of each home equity product with no labels, so it is a 100% blind study.

Because I am in the reverse mortgage business, I know that most people unbiasedly look at the reverse mortgage LOC , the benefits far outweigh those of a traditional HELOC, but what surprised me was how overwhelmingly it was chosen.

85 out of 88 people chose the reverse mortgage line of credit over a traditional home equity line of credit.

In the two minute commercial below you’ll see some of the participants reactions.

“That was a no brainer”

“Almost sounds too good to be true”

“I wish I had known about this before”

Please check out the video above and feel free to call me at (303) 467-7821 with any questions.

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Bruce Simmons
I absolutely love what I do - working with senior homeowners to help them live a more comfortable, flexible and secure retirement. I have the absolute best customers in the world, and even though I worked in the forward mortgage business for a number of years, I could never go back to doing conventional loans. I'm a 100% reverse mortgage specialist.
 

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FREE REVERSE MORTAGAGE E-BOOK

Colorado Reverse Mortgage Guide.

Get this 28 page Consumer Guide packed with all the facts you need to make an informed decision to see if a reverse mortgage is right for you.

Subscribe to: P - 7 Mistakes To Avoid Subscribe to: Newsletter
I would like a Free Consultation to get all of my questions answered.


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Bruce Simmons Reverse Mortgage Specialist

American Liberty Mortgage, Inc.
Bruce E. Simmons, CRMP
Reverse Mortgage Manager
NMLS #409914

1932 W 33rd Ave
Denver, CO 80211

Direct: (303) 467-7821
Cell: (303) 513-2748
Toll Free: 1-877-467-7801

Fax: (303) 600-7871
bruce@almortgageinc.com

Licensing: Colorado LMB #100036937 // American Liberty Mortgage, Inc NMLS #1462
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