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Episode 22: Can I Rent Out My Home? Understanding Loan Servicing Rules with Gail Balettie of Celink
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In this eye-opening episode of the Live for Today, Plan for Tomorrow Podcast, host Gabe Bodner welcomes Gail Balettie, SVP of Client Satisfaction at Celink — the nation's leading subservicer of reverse mortgages. If you’ve ever asked yourself, “Can I rent out my home if I have a reverse mortgage?”, this is the episode you’ve been waiting for!
Together, Gabe and Gail unpack the often misunderstood world of loan servicing rules, occupancy requirements, and how homeowners (especially seniors) can avoid unintentional defaults by understanding the fine print of their loan terms. With humor, clarity, and real-world insight, Gail helps demystify what servicers are actually looking for and how homeowners can stay compliant while making the most of their home equity.
Whether you're a homeowner with a HECM loan, a financial advisor, or a real estate professional, this episode offers invaluable information on what happens after the reverse mortgage is in place.
👉 Connect with our Guest at: https://www.celink.com/
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