Dispelling Myths & Discovering Benefits: An In-depth look into the World of Reverse Mortgages

Alan Armijo and Reverse Mortgage specialist Tom Di Leo delve into a detailed discussion about reverse mortgages. Tom explains how it differs from traditional mortgages, its evolution and growth, and how it can improve cash flow and provide long-term care funds.  Their conversation touches on the benefits, misconceptions, and importance of reverse mortgages. Tom describes the clients best suited for reverse mortgages as well as Power Partner partnerships with attorneys, financial advisors, realtors, and others with whom he exchanges leads and referrals.   

This is a smooth flowing conversation that demystifies and explains in simple terms the best use cases for reverse mortgages.   

Tom Di Leo -NMLS Number 328183 and New American Funding, NMLS #6606

Tom’s website:  https://mutualreverse.com/lo/tom-di-leo
Tom’s Power Partner USA Account Page: https://www.powerpartners.us/tom-di-leo.html
Tom’s PPUSA Explained Here Page: https://www.powerpartnersusa.net/reverse-mortgages.html 

• Power Partners USA website - www.PowerPartners.us
• Power Partner Members - "Explained Here" - www.PowerPartnersUSA.net (short Q&A Video and Podcasts)

• Graphics by Debra Armijo - www.iTrustMarketing.biz
• Music by Joan Jones - www.clubjoan.com

Have a question for Power Partners USA or any of its members? Call, write or text Alan Armijo - info@powerpartners.us 562-843-7801

Chapters

• 0:00 Introduction
• 1:26 Understanding Reverse Mortgages
• 2:09 History and Evolution of Reverse Mortgages
• 2:50 Tom's Experience and Specialization
• 3:16 Understanding the Terminology and Uses of Reverse Mortgages
• 3:50 Tom's Unique Approach and Clientele
• 4:38 Tom’s Client Make Up
• 6:12 Tom’s Power Partners
• 9:26 Understanding Benefits, Process and different Reverse Mortgage products
• 14:12 Other professionals who should be involved with a Reverse Mortgage sale
• 15:29 The Role of Trusts and Heirs in Reverse Mortgages
• 21:33 The Cost Structure and Ongoing Support for Reverse Mortgages
• 24:42 Addressing Misconceptions and Myths about Reverse Mortgages
• 26:23 Reverse Mortgage Scenarios
• 30:58 Conclusion and Final Thoughts from Tom