Understanding Reverse Annuity Mortgages | Real Estate Exam Prep

Welcome to Global Real Estate School! On this podcast, John D. Mayfield, seasoned real estate educator and industry expert, discusses Reverse Annuity Mortgages (RAMs). This topic is crucial for anyone preparing for their real estate exam, as it frequently appears in exam questions.

Join us as we explore:

• What Reverse Annuity Mortgages are


• How they work


• Key benefits and drawbacks


• Important terms and definitions


• Common exam questions related to RAMs

By the end of this podcast, you'll have a solid understanding of Reverse Annuity Mortgages and feel more confident tackling related questions on your real estate exam.

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