{"id":21,"date":"2026-09-09T14:00:00","date_gmt":"2026-09-09T14:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/brysonreidhomefinancing-com\/2026\/09\/09\/reverse-mortgages-should-retirees-consider-one\/"},"modified":"2026-09-09T14:00:00","modified_gmt":"2026-09-09T14:00:00","slug":"reverse-mortgages-should-retirees-consider-one","status":"publish","type":"post","link":"https:\/\/www.brysonreidhomefinancing.com\/blog\/2026\/09\/09\/reverse-mortgages-should-retirees-consider-one\/","title":{"rendered":"Reverse Mortgages: Should Retirees Consider One?"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/bryson-3\/mortgage-refinancing-myths-remotion-videos-2aff\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>When it comes to refinancing your mortgage, there\u2019s a lot of noise out there. As someone who\u2019s guided clients through every corner of the lending landscape\u2014whether with big banks or boutique brokers\u2014I want to clear up a few common misconceptions that can trip you up. First, shopping around is more than smart: I always recommend pulling at least three quotes on the same day and lining up APRs (not just rates) side by side. That\u2019s where you\u2019ll spot lender fees hiding in plain sight and gain some meaningful negotiating power.<\/p>\n<p>Refinancing isn\u2019t a free ride\u2014expect closing costs to land between 2% and 5% of your new loan. I always help clients calculate their break-even point before moving forward, so you know exactly when those savings kick in. Remember: a lower rate doesn\u2019t automatically mean you\u2019ll pay less overall. Resetting to a fresh 30-year term can mean more interest over time, even with a smaller payment.<\/p>\n<p>If you\u2019re worried about selling later, rest easy\u2014refinancing replaces your primary lien without complicating a future sale. For anyone considering cash-out options, tread carefully; those come with extra considerations I\u2019ll walk you through.<\/p>\n<p>Finally, your credit matters. Lenders will check your credit, and having a debt-to-income ratio under 36% goes a long way toward securing the best offers. If you\u2019ve been turned down before, improvement is possible\u2014with the right plan. My goal is always to provide clarity and confidence, so you can navigate your refinancing journey equipped with knowledge, not confusion.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>When it comes to refinancing your mortgage, there\u2019s a lot of noise out there. As someone who\u2019s guided clients through every corner of the lending landscape\u2014whether with big banks or boutique brokers\u2014I want to clear up a few common misconceptions that can trip you up. First, shopping around is more than smart: I always recommend [&hellip;]<\/p>\n","protected":false},"author":457,"featured_media":22,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-21","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.brysonreidhomefinancing.com\/blog\/wp-json\/wp\/v2\/posts\/21","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brysonreidhomefinancing.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brysonreidhomefinancing.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brysonreidhomefinancing.com\/blog\/wp-json\/wp\/v2\/users\/457"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brysonreidhomefinancing.com\/blog\/wp-json\/wp\/v2\/comments?post=21"}],"version-history":[{"count":0,"href":"https:\/\/www.brysonreidhomefinancing.com\/blog\/wp-json\/wp\/v2\/posts\/21\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brysonreidhomefinancing.com\/blog\/wp-json\/wp\/v2\/media\/22"}],"wp:attachment":[{"href":"https:\/\/www.brysonreidhomefinancing.com\/blog\/wp-json\/wp\/v2\/media?parent=21"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brysonreidhomefinancing.com\/blog\/wp-json\/wp\/v2\/categories?post=21"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brysonreidhomefinancing.com\/blog\/wp-json\/wp\/v2\/tags?post=21"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}