by on December 30, 2020
Well known radio host and author Dave Ramsey has come out strongly against reverse mortgages. The truth is, Dave only likes 15 year fixed mortgages, or preferably cash when buying a home. For the sake of full disclosure, I am a Dave Ramsey fan, having facilitated his flagship program Financial Peace University in two different churches. And, I do offer reverse mortgages to senior homeowners. Dave is against debt. However, many wealthy people have become so because of leveraging debt on real e...
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