HECM Reverse Mortgage Option for Purchase for REALTORS

LOCATION: IN-PERSON AT SMDRA
CE CREDIT: 2 CE
COST: Members Free / $30 Others
INSTRUCTOR: George Tsoupakis

CLASS DESCRIPTION: This class will introduce real estate agents to the HECM, show them how to help their clients manage their retirement and buy their dream home with a HECM.

Topics covered include:

• What is a HECM Purchase Option?
• Benefits for the Borrower
• The HECM Purchase Target Market
• How REALTORS can benefit
• Eligibility-Borrower and Property
• How the HECM works
• Scenarios
• Safeguards