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Preston Schmidt

Preston Schmidt

Loan Officer
Movement Mortgage
NMLS ID # 967829
2085 County Rd D, Ste B-200, Maplewood, MN 55109
Dial Phone Number
p: (651) 319-2000
f: (651) 378-1883
Send E-mail to
e: preston.schmidt@movement.com
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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...

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Preston Schmidt
Preston Schmidt
Loan Officer
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2085 County Rd D, Ste B-200, Maplewood, MN 55109
(opens in a new tab)
NMLS # 967829

State License #MN-MLO-967829, WI-967829