In this episode of The Blueprint, Brad Rice addresses the current panic surrounding 50-year mortgages. He breaks down the real numbers and explains how this mortgage product is designed to help people qualify for homeownership in a challenging market. By comparing 30, 40, and 50-year mortgages, Brad illustrates the minimal monthly savings and the significant cost of interest over the long term. However, he argues that the primary benefit lies in getting people into homes where they can benefi...
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In this episode of The Blueprint, Brad Rice addresses the current panic surrounding 50-year mortgages. He breaks down the real numbers and explains how this mortgage product is designed to help people qualify for homeownership in a challenging market. By comparing 30, 40, and 50-year mortgages, Brad illustrates the minimal monthly savings and the significant cost of interest over the long term. However, he argues that the primary benefit lies in getting people into homes where they can benefi...
Is It Too Good To Be True? The Real Deal On Reverse Mortgages | Erica Bernard-Webb E053
The Blueprint with Brad Rice
1 hour 14 minutes
1 month ago
Is It Too Good To Be True? The Real Deal On Reverse Mortgages | Erica Bernard-Webb E053
Welcome back to The Blueprint for a special mortgage edition featuring reverse mortgages. Join us as we sit down with Erica Bernard-Webb, an experienced mortgage expert with over three decades in the industry. Learn everything you need to know about reverse mortgages—from their basic principles and different structuring options to their benefits and common misconceptions. Erica shares her in-depth knowledge and unique insights, including how reverse mortgages can be used as powerful financial...
The Blueprint with Brad Rice
In this episode of The Blueprint, Brad Rice addresses the current panic surrounding 50-year mortgages. He breaks down the real numbers and explains how this mortgage product is designed to help people qualify for homeownership in a challenging market. By comparing 30, 40, and 50-year mortgages, Brad illustrates the minimal monthly savings and the significant cost of interest over the long term. However, he argues that the primary benefit lies in getting people into homes where they can benefi...
