An educational resource from My Reverse Options, Inc.
EducatorReverse Mortgage SpecialistHome Equity Strategist
Could Your Home Equity Help You Retire More Comfortably?
Learn how reverse mortgages and other home-equity options work, estimate what may be available to you, and explore your choices with Walter Richards.
Understanding whether a reverse mortgage is right for you shouldn’t feel complicated. WalterRichards.com was created to give homeowners and their families clear, straightforward information before making an important financial decision.
Walter D. Richards, Broker/Owner of My Reverse Options, Inc., has specialized in helping homeowners understand reverse mortgage and home-equity options since 2016.
Prefer the phone? Call 877-611-6226
What is a Reverse Mortgage?
Want a deeper understanding? Watch the Home Equity Retirement Strategy presentation below.
Featured presentation
Retire Smarter With Home Equity
A straightforward educational presentation explaining how reverse mortgages work, common misconceptions, borrower protections, qualification, costs, heirs, home ownership and ways homeowners use equity during retirement.
No form required to start watching.
See What May Be Available From Your Home Equity
Enter a few details for a preliminary outlook. This is educational only — it is not a loan offer, approval or determination of eligibility. No credit check and no obligation.
Your information
Nothing here is shared until you choose to request a personalized review.
What You'll See
A preliminary estimate of the home equity that may be available after paying off your current mortgage.
This is not an approval or denial and does not require a credit check.
Your Result Is a Starting Point
Your actual options may vary based on age, home value, mortgage payoff, rates, property type, and available loan programs.
If your estimate shows little or no proceeds, don't assume you don't qualify.
Not Sure About Your Result?
Ask Walter to run your real numbers.
A personalized review may uncover options the preliminary calculator cannot show.
Prefer to talk it through?
No pressure, no obligation — just answers to your questions.
What would you like your home equity to help you accomplish?
Choose one or more.
Your choices are saved as you browse, so you won't need to pick them again.
Walter in the Media
Television, radio and podcast appearances where Walter explains reverse mortgages and retirement home-equity planning.
Radio Segment · KTWV 94.7 The Wave, Los Angeles
What Is a Reverse Mortgage?
Walter explains what a reverse mortgage is during a segment recorded at KTWV, The Wave, in Los Angeles, California.
Radio Segment · KBLA AM 1580 Los Angeles
Power of Attorney: Protect Your Loved Ones' Future
Walter discusses the importance of having a valid Power of Attorney in place before a crisis arises.
KCAL Channel 9 / Yaba TV Interview
How Some Homeowners Have Used a Reverse Mortgage
In this interview with KCAL Channel 9 / Yaba TV, Walter discusses ways in which some of his clients have used the reverse mortgage to their benefit.
What Clients Are Saying
Reviews from homeowners and families Walter has worked with through My Reverse Options, Inc.
“I never hesitate to refer Walter to my clients who need Reverse Mortgage Services because he is kind, patient, knowledge…”
Heather P. (Realtor)
Google review · Aug 23, 2025
“Mr. Richards was recommended to me and didn't let me down! I needed help understanding details about my reverse mortgage…”
Zabelle H.
Google review · 3 weeks ago
“My experience was very rewarding. Walter Richards held my hand throughout the process and was very professional and pati…”
Ronea C. (Client)
Google review · Aug 9, 2025
“We highly recommend Walter Richards as an expert in reverse mortgages. He has assisted several of our clients with profe…”
Rena Real Estate (Realtor)
Google review · Jul 31, 2025
“I thought that the procedure would be drawn out for months. But Mr Richards made the process easy and he was very knowle…”
Paula D. (Client)
Google review · Jun 22, 2025
Three simple steps
If a Reverse Mortgage Isn’t the Right Fit
If after exploring a reverse mortgage, you decide it’s not the right fit, I can help you compare other ways to use your home equity.
Compare My Home Equity OptionsLearning Center
Short, clear answers to the questions homeowners ask most.
How Does a Reverse Mortgage Work?
A plain-language walkthrough of what a reverse mortgage is, who it is designed for, and how the money can be received.
5 min read
Who Owns the Home With a Reverse Mortgage?
One of the most common misconceptions, answered directly.
3 min read
What Happens When the Borrower Passes Away?
How heirs are treated, what their choices are, and what timelines typically apply.
4 min read
States Currently Served
Education on this site is available to everyone. Mortgage services are currently available in the highlighted states.