There are a few famous faces that are traditionally associated with the reverse mortgage loan. James Garner and Robert Wagner are the two names that typically come to mind. But there might be a third name on the lips of people who want to know the names that support this type of loan: Jack Kemp.
The name might be familiar to you because of his role in politics - he has been a Vice Housing Secretary. Or perhaps you know the name because you're a football fan and he was once a famous football player. Now you'll know him from his face as spokesperson for a specific mortgage company that specializes in reverse mortgages. (Learn more here.)
At seventy-two years of age, Kemp is in the perfect age bracket to be speaking on reverse mortgages. It is people about ten years his junior that first start thinking about the reverse mortgage but it's around his age that people start acting on those thoughts. With a few years of retirement behind them but a lot of years left to life, this age group relies on reverse mortgages to keep them going.
Question of the Day: How do you feel about reverse mortgage celebrity endorsement?
