Tim Pedersen, MetLife Reverse Mortages

Reverse mortgages have recently changed—for the better. They are more transparent, and highly regulated. In concert with HUD and FHA, MetLife helped develop a new suite of “Saver” reverse mortgage products. The total up front costs on the “Saver” are dramatically lower than the Standard RM products. With our Line-of-Credit RM products, many senior homeowners use it as a retirement planning tool. Homeowners age 62 or older enjoy a safer, more secure retirement with a MetLife Reverse Mortgage. Everyone should have a “Rainy Day” fund, and an reverse mortgage can help with expected, and unexpected expenses.