Rich Kramer at Mutual of Omaha Mortgage

06/15/2026

https://mutualreverse.com/lo/ashley-banks/event/youre-invited-unlock-more-opportunities-with-the-lifestyle-home-loan/

Struggling with deals falling apart due to affordability? You’re not alone—and there’s a better way. Join us for a fast-paced, value-packed webinar where we’ll break down the Lifestyle Home Loan—a powerful financing solution that helps your buyers qualify for MORE by looking beyond traditi...

06/09/2026

Beyond just eliminating payments*, a reverse mortgage offers incredible versatility. Whether you need funds for healthcare, home repairs, to supplement income, or simply to build a growing line of credit for peace of mind, it's a powerful tool. You dictate how the funds are used.

If you're seeking more control and security in your financial future, I can show you how a reverse mortgage could be the right path for you. Schedule a complimentary consultation with me today!

*Borrowers must occupy the home as primary residence and remain current on property taxes, homeowner’s insurance, the costs of home maintenance, and any HOA fees.

06/04/2026

Essentially, the lender can only recover the loan balance from the proceeds of the home sale, and not from the borrower's other assets or income.

Curious about how a reverse mortgage could benefit you? Contact me today to learn more!

05/30/2026

By tapping into your home equity, a reverse mortgage provides a steady stream of income or a lump sum, allowing you to cover living expenses, pay off existing debts, or manage rising costs without dipping into your savings. This financial flexibility can help you maintain your lifestyle and retire when you’re ready, even in the face of inflation.

Explore how a reverse mortgage could help you retire comfortably—reach out to me today! https://news.nationwide.com/companies-struggle-to-hire-promote-amid-uptick-in-delayed-retirements/

05/25/2026

This is because the program uses life expectancy to estimate how long borrowers will accrue interest. Generally, younger borrowers can accrue more interest over time, so they start with a lower Principal Limit compared to older borrowers with the same terms.

With a reverse mortgage, you can enjoy living in your home for the rest of your life, regardless of age.

05/25/2026

On Memorial Day, we take time to reflect and remember those who made the ultimate sacrifice in service to our country.

We honor their bravery and extend our gratitude to the families who carry their legacy forward.

05/20/2026

Reverse mortgages involve various costs and fees, which can differ among lenders. Homeowners should be aware of the following typical expenses:

Origination Fees: Paid to the lender, these fees are capped at $6,000.
Closing Costs: These are fees paid to third-party vendors and may include charges for appraisals, recording, title searches, credit checks, surveys, mortgage taxes, and inspections.
Mortgage Insurance Premiums: Charged at the loan's inception and annually throughout its duration, these fees go to the FHA. They ensure that homeowners receive their loan advances and are protected against owing more than the property’s value. The annual premium is 0.5% of the loan balance.
Servicing Fees: These fees are charged by the lender for managing the loan, including sending monthly statements, disbursing funds, and monitoring compliance with loan terms.

These costs can either be paid upfront or deducted from the loan proceeds.

Ready to learn more about reverse mortgages and how they might benefit you? Contact me today!

05/15/2026

Reverse mortgages typically involve upfront closing costs, similar to a traditional mortgage. You don't make monthly mortgage payments. Instead, you receive payments from the lender. While interest does accrue on a reverse mortgage, you're not required to make interest-only payments. The interest is deferred until the loan is repaid, typically when you sell your home or move out.

Want to learn more about reverse mortgage costs and benefits? Contact me today.

05/11/2026

Swipe through to understand the key differences between reverse mortgages and traditional mortgages.

05/10/2026

From mothers to grandmothers to those who step into the role with love, today we celebrate the women who nurture, guide, and inspire across generations.

Happy Mother’s Day to all who make a difference.