Capital Gains Tax Solutions Podcast How to Unlock Your Home Equity for a Tax-Free Retirement with Laura Phillips
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May 2, 2026 Laura Phillips, a reverse mortgage specialist with 30+ years helping seniors access home equity. She explains timing, eligibility, and why the bank holds a lien not the home. Learn how much equity may be available, differences between fixed and adjustable plans, HELOC contrasts, HUD counseling needs, and jumbo portfolio options. Heartfelt client stories underscore real-life impact.
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Be Open And Learn Before Choosing A Reverse Mortgage
- Do be open and listen when considering a reverse mortgage and learn all your options before deciding.
- Laura Phillips says timing is personal and almost every senior will consider a reverse mortgage during their lifetime.
Reverse Mortgage Means You Still Own The Home
- Realize a reverse mortgage is a lien, not ownership transfer; you still own your home.
- Laura Phillips explains the bank holds a lien and you only risk losing the home for non-occupancy or unpaid property taxes.
Confirm Age Property Value And Rates Determine Access
- Check eligibility: you must be at least 62 and meet HUD HECM requirements to qualify for the standard reverse mortgage.
- Laura Phillips notes loan size depends on borrower age, property value, and current interest rates.