What Tom Selleck's Advertisement Didn’t Tell You About Reverse Mortgages! (Video)
In this 28 June 2025 video, host Michael Bordenaro talks about how Reverse mortgages are promoted as a retirement lifeline to senior citizens who may not have the means to easily pay for their cost of living in retirement.
However, one thing the Tom Selleck narrated advertisement video doesn’t tell you about getting a reverse mortgage is what type of person should get one.
I will go over everything that pertains to reverse mortgages. What they are,who can get one, reasons to get one, reasons not to get one and everything in between. I want this to be the most comprehensive reverse mortgage video on YouTube.
https://youtu.be/CKnqYDYViYI
0:00 Did Tom Selleck sell you a reverse mortgage?
1:55 What is a reverse mortgage?
3:05 The costs of having a reverse mortgage
7:43 How is a reverse mortgage loan paid back?
8:10 Who can get a reverse mortgage?
9:27 Most common real world scenario of getting a reverse mortgage
11:25 Reasons not to get a reverse mortgage
16:58 You can cancel your reverse mortgage within 3 days of signing
17:42 Using reverse mortgage as tax strategy
22:00 Are there any benefits to getting a reverse mortgage?
23:28 Viewer comments on reverse mortgages
26:08 Final Thoughts
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