Reverse Mortgage Webinar

Reverse Mortgage Webinar

 

Is a Reverse Mortgage Right for You?

  Watch Webinar below…

 

REALTOR Magazine together with the National Reverse Mortgage Lenders Association hosted this hour long discussion on the following…

+ How a reverse mortgage works.

+ Payoff mechanics of a reverse mortgage.

+ What you need to know if a home you’re listing or selling has a reverse mortgage.

+ Considerations for buyers or sellers of a house that has a reverse mortgage.

+ How to use the federal program known as HECM for Purchase for clients who are eligible to use a reverse mortgage to downsize into a smaller home. HECM stands for Home Equity Conversion Mortgage.

 

 

Reverse Mortgage Resources:

NRMLA Reverse Mortgage Consumer Website

NRMLA Reverse Mortgage Resource Page

HUD HECM Purchase Information

NAR Field Guide to Reverse Mortgages