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Reverse Mortgage Myths….Busted by the Experts!

Sep 10, 2015

Terry Bowser and Dan Diaddigo are returning guests to Eugeria Radio….Both transplanted Yankees from Pennsylvania and New York respectively; they have been long time residents of Georgia and have over 30 years of combined experience in the Reverse Mortgage Industry. Both men agree that although Reverse Mortgages were largely unregulated 30 years ago at their inception, today’s reverse mortgages are safe, regulated and insured by the federal government. These home equity loans allow a senior homeowner to tap into their home’s equity, while remaining the owner of the home and holder of the deed, without any payments!

CBC National Bank® is a small family of banks located in the Low Country region of the southeast. Since opening its doors in 2000, CBC National Bank continues to aspire to be a step above the rest. With the slogan Big Enough to MATTER...Small Enough to CARE, CBC National Bank employees treat each and every loan document like it is their very own.  In 2007 the bank started a wholesale mortgage lending division whose principle offices are located in Alpharetta, GA.  They are now licensed to do reverse mortgages in every state.

If you or someone you care about is 62 or older with at least 50% equity in their primary home and have questions about whether a Reverse Mortgage may be a good financial decision for you, Call Terry Bowser at 404.642.6021 to get straight answers for your personal situation!

Terry and Dan can also be reached by email: terry.bowser@cbcnationalbank.com and ddiaddigo@cbcnationalbank.com.

Thanks to Griswold Home Care for sponsoring today’s show. Griswold Home Care has been a preferred provider of high quality, affordable in-home senior care in Atlanta for more than 23 years.