Mike Roberts is a reverse mortgage industry veteran and the founder of MyHECM.com, a leading online resource about the HECM reverse mortgage. If you'd like to find out how much you can get from a reverse mortgage, check out our free calculator at www.myhecm.com/calculator.

Latest Posts By Mike Roberts

6 days ago

Yes, a Reverse Mortgage Can Be Life-Changing

It’s Christmas Day and Angela, 74, is sipping a cup of coffee in her son’s living room. A beautiful Christmas tree stands in the corner covered with ornaments and bright colorful lights. The room is filled with the warm and delicious smells…

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2 months ago

Why a Reverse Mortgage is Part of My Retirement Plan

If you’re like many people, you may be surprised that I’ve included a reverse mortgage in my retirement plan. After all, aren’t reverse mortgages just for broke and desperate people? Aren’t they just a loan of last resort for those with no other options? 

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2 months ago

How to Finance a Home Purchase with No Mortgage Payment

If you’re an American homeowner 62 or older, you can potentially finance a home purchase without a mortgage payment. How? With a home equity conversion mortgage, or HECM (often pronounced heck-um by industry insiders)…

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2 years ago

The Ideal Reverse Mortgage Candidate, Part 2

According to The Street, the number of American homeowners over 65 with mortgage debt is up nearly 60% in the last decade. Though mortgage rates have fallen significantly in the last 10 years, home price appreciation has dramatically…

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2 years ago

What the Ideal Reverse Mortgage Candidate Looks Like – Part 1

My grandfather, who passed away years ago, was a man I greatly admired. He was a decorated pilot who flew cargo missions over the Himalayas in World War II. He risked his life serving in the vital supply link that helped the Allies…

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2 years ago

What Do a Reverse Mortgage and a Legendary Airplane Have in Common?

In early 1942, the United States was at war with Japan. Lt. Colonel James “Jimmy” Doolittle had been given the responsibility of planning a raid to strike back at Japan for the Pearl Harbor attack. The bombing raid wasn’t expected…

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2 years ago

The Top 6 Misconceptions You May (Or May Not) Have Heard About Reverse Mortgages

When I was a young boy, my parents took my brother and I on a vacation. I was pretty little, so I don’t remember much about the trip. I know we traveled on an airplane, but I have no recollection of where we went, what we did…

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