Greg Cook

Mortgage Broker | NMLS: 283159

You're a Mortgage Veteran. But Welcome to a Whole New Ballgame.

A Prologue: The Danger of the "Knowledge Gap" You're a homeowner, and you've been one for decades. You’ve been through the mortgage process—maybe even refinanced a few times. 
You're a "mortgage veteran" with a lot of experience under your belt. But here’s the tricky part: when it comes to the modern, FHA-insured reverse mortgage, your experience can actually create a blind spot. The rules are so fundamentally different that, for the first time in a long time, you might "not know what you don't know."

This creates a "knowledge gap." And when you have a knowledge gap, it’s not only hard to know the right questions to ask, but it's also tough to know if the information you're getting from friends, family, or the internet is the real deal.

Why the Old Rulebook Doesn't Apply

Every mortgage you've had before was about one thing: proving to the bank that you could afford to pay them back, month after month. Your entire experience is based on that one-way street.

The modern reverse mortgage was designed with the exact opposite goal: to create a safe and effective way for the equity you've built to finally start paying you, without the burden of a required monthly payment.

Because its purpose is completely different, its rules and safeguards are too. It's a specialized retirement tool, not just a loan. Trying to judge it by the old rulebook is like trying to play baseball with the rules of football—it's confusing and you're going to miss the point of the game.


How the Right Questions Reveal the Right Partner

In this new territory, having a good coach who can teach you the new rules is critical. This is where you can turn your "knowledge gap" into a powerful advantage.

The "10 Questions You Didn't Know You Needed to Ask" isn't just a checklist; it's your personal interview script for any specialist you talk to. A trustworthy professional won't just answer your questions; they'll welcome them. They'll be excited that you're digging into the details.

A good guide's job isn't to sell you; it's to help you close your knowledge gap. They should be able to clearly and simply explain:

  • The powerful "cost vs. value" of the FHA insurance.

  • The "non-recourse" feature protects your kids from ever inheriting a debt.

  • The pros and cons as they apply to your specific situation.

A partner who is patient, transparent, and happy to teach you the new rules is showing you that they are a true guide, not just a salesperson.


Closing the Gap, Finding Your Guide

The journey to a more secure retirement starts with closing your knowledge gap. By arming yourself with the right questions, you can cut through the noise, ignore the outdated advice, and find a partner you can trust to help you navigate this new and powerful opportunity.

When you're ready to learn the new rules of the game, you'll be in the driver's seat.

To receive your personal copy of the 10 Questions You Didn't Know to Ask, complete the sign-up form and it will be in your inbox within 24 hours.

#KnowledgeGap #MortgageVeteran #RetirementPlanning #ReverseMortgage #FinancialEducation #NewRules  #SecureRetirement #ConsumerProtection

Let us help you!

Our representative will be in touch with you.

Representing: Enduro Mortgage, Colorado Mortgage Company Registration

NMLS# 2127434 Regulated by the Division of Real Estate

EQUAL HOUSING OPPORTUNITY https://nmlsconsumeraccess.org  

Greg Cook picture
Greg Cook picture

Greg Cook

Mortgage Broker

Enduro Mortgage | NMLS: 283159

Getting started is Quick & Easy

If you have any questions, I’m here for you

purchase

refinance