This week, Ed O’Connor, a certified reverse mortgage professional (CRMP) with FirstBank Mortgage, will discuss reverse mortgages on “The Balancing Act” airing on Lifetime Television.
Accompanied by the show’s host, Olga Villaverde, O’Connor will explain how a reverse mortgage can added security and needed cash flow, without risking one’s home in retirement.
During the segment, O’Connor will also dissect the many myths that surround reverse mortgages today, and will detail how this loan product can help retirees relieve the financial stress that often comes during a person’s retirement years.
With more than 30 years of experience in the financial services industry, O’Connor has spent his career educating people on a variety of complex financial issues, as well as the options available to alleviate these troubles. He currently lectures to community, professional and institutional groups and is an approved provider of CLR credit by the NYS Bar Association.
FirstBank Mortgage is a division of Firstbank, founded in 1906 in Lexington, Tenn. The company’s reverse mortgage division ranked 13th overall among industry lenders by volume, with 425 Home Equity Conversion Mortgage endorsements year-to-date through August 2016, according to recent industry data tracked by Reverse Market Insight.
With a viewership that is predominantly female, “The Balancing Act” is a morning show that routinely features segments with expert guests who talk about a variety of topics, including health and wellness, style and beauty, travel tips, financial matters and more.
The program’s reverse mortgage TV spot featuring O’Connor will air September 29 and October 6 at 7:30 a.m. EDT.
Written by Jason Oliva