I’m Scott Funk, and I’ve specialized in Home Equity Conversion Mortgage reverse mortgages for over a decade. Along the way, I’ve learned a lot about how these programs can work from my clients that have them. We created this site so you could find the answers to your questions about reverse mortgages without the hype, calculators, movie stars or pressure to give up more information then you get. You can search through over 100 questions and answers, check out the Glossary or explore the blogs. We post Tuesdays about reverse mortgages and Fridays about being an aging Boomer. Our intent is to share our experiences whether complicated or funny. ’Hope you find the site useful and share it with your friends. We also look forward to hearing what you think. After all, we’ve tried to create it with you in mind. If you have questions, I really do want to answer them.

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Scott’s new book is now for sale on Amazon!

It speaks to the real life issues people should consider before they start worrying about the numbers. The goal of the book is to help you determine if a reverse mortgage is going to be the right fit in your life. Pick up a copy of Reverse Mortgages? Simple Steps to the Right Choice for your Kindle today.

What is your question?

If you have questions I’d like to answer them
Please keep in mind these are my answers and may not reflect legal definitions, the views of my employer or the general consensus of the reverse mortgage industry

The Housing Inheritance Myth and Reverse Mortgages

The reason I call it the “Housing Inheritance Myth” for people considering reverse mortgages is that the gap between desire and reality is so wide. Yes, myth may be a bit strong, but bear with me a bit while I try and explain myself. Passing one’s home along to one’s children is part of the American Dream of home ownership. We inherited that dream

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Colt .45

I have no sympathy for my fellow Boomers who cruise eBay in search of mementoes of their past. “Leave it lie and move ahead”, is my motto. “Let the past be the passed.” But that was before my wonderful sister gave me the surprise gift of a toy Colt .45 that was my favorite childhood gun. It is magnificent. It is perfect. I am a hypocrite. She said

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Worst Reverse Mortgage Mistakes (Part 2)

Even tougher is the reality of hard math, with a reverse mortgage or without. This can lead to the second biggest mistake people make with reverse mortgages: they stay too long in a situation they can’t afford. When a reverse mortgage is used not just to pay off an existing mortgage or to buy a new house, it makes a portion of the home equity avail

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