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Mike Demaio Headshot

Michael Demaio

Senior Mortgage Loan Officer
Movement Mortgage
NMLS ID # 107797

Movement Blog

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February 28, 2024

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...

Mike Demaio Headshot
Michael Demaio
Senior Mortgage Loan Officer
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1029 E Main St, Ste 101, 102 & 103, Puyallup, WA 98372
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NMLS # 107797

State License #AL-87041, AR-128417, AZ-1037801, CA-DFPI107797-CA DFPI under the California Residential Mortgage Lending Act, CO-100532744, FL-LO108338, GA-107797, HI-107797, ID-MLO-2080107797, IL-031.0077535, IN-DFI-63970, KS-LO.0049520, KY-MC840682, MI-107797, MO -107797, MT-107797, NM, NV-77886, OR, SC-MLO-107797, TN-107797, TX-SML, WA-MLO-107797, WI-107797, WY-105473