Debunking Reverse Mortgage Myths with Tim Kennedy, CRMP

In this eye-opening episode, we sit down with Tim Kennedy, a Certified Reverse Mortgage Professional, who’s on a mission to re-educate the public and the real estate industry on the untapped power of reverse mortgages. From avoiding credit card debt to funding bucket list adventures (and surviving a machete-wielding tenant!), this episode proves that reverse mortgages aren’t just for the desperate. They’re for the smart and strategic.

Key takeaways to listen for
• Reverse Mortgage 101: What it is, how it works, and why it’s not a scam
• Why setting up a reverse mortgage line of credit early could be your best retirement move
• Common misconceptions about heirs, ownership, and taxes
• Ways reverse mortgage funds can reduce your tax burden
• Reasons you need a CPA, financial advisor, and mortgage pro when planning for retirement success

Resources mentioned in this episode
• NRMLA | https://www.nrmlaonline.org/
• Movement Mortgage | https://movement.com/
• It's Just A Mortgage - LI News Radio | https://linewsradio.com/weekdays/its-...

About Tim Kennedy, CRMP
Tim is a seasoned professional specializing in the financial tool of reverse mortgages since 2008. With a commitment to helping seniors maintain their security, financial independence, dignity, and control, Tim has become a trusted expert in the field. As a speaker, consultant, and senior advocate, he has utilized his expertise, knowledge, and experience to assist countless individuals and families.

Connect with Tim
• Website: Tim Kennedy | Reverse Mortgage Loan Officer | Valhalla, NY | http://www.timtalksreverse.com/
• LinkedIn: Timothy M. Kennedy, CRMP |   / timkennedy007  
• Instagram: @tkennedyfff |   / tkennedyfff  
• Facebook: Tim Kennedy |   / timkenn  
• TikTok: @reversemortgageguru |   / reversemortgageguru  
• Phone Number: 516-729-6040

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