Fact-checking Dave Ramsey’s reverse mortgage claims
The federally insured reverse mortgage product known as a Home Equity Conversion Mortgage (HECM) has been around for over 30 years. During many of those years, the most vocal critic of the product was author and radio personality Dave Ramsey.
But...
State License #AZ-0930269, CA Licensed by DFPI under the CRMLA -CA-DFPI175251, CO-100528591, GA-175251, FL-LO83699, IL-031.0030469, IN-23741, KY-MC737811, LA, MD-175251, MI-175251, MN-MLO-175251, MT-175251, NM-175251, NE, NC-I-196326, NJ-Licensed by the N.J. Department of Banking and Insurance, OH-MLO-OH.175251, OR, PA-101950, SC-MLO - 175251, TN-111773, TX-175251, VA-MLO-19011VA, WA-MLO-175251, WI-175251, WY-105552