Home Equity Conversion Mortgage (HECM) Training for Financial Professionals
Home Equity Conversion Mortgage (HECM) Training for Financial Professionals
Reverse Mortgages and Retirement Plans
Created January, 2017
Finance of America Reverse | Slide 1
? Financial professionals and reverse mortgages ? HECM eligibility and statistics ? How the program works ? Types of reverse products ? HECMs for estate planning and wealth management ? Strategy examples ? Summary and resources
Learning Objectives
Finance of America Reverse | Slide 2
The HECM Product (Reverse Mortgage)
Finance of America Reverse | Slide 3
Clients who need a comprehensive retirement plan can unlock their home equity ? and use it ? with a reverse mortgage. By doing this, they open up a greater range of possibilities to strategically manage and enhance their wealth.
Finance of America Reverse | Slide 4
Reverse Mortgages
A reverse mortgage (also known as a "HECM") is a non-recourse loan that allows homeowners to access a portion of their home equity. Borrowers can access equity as cash, term or tenure payments, a line of credit (also known as a "HECM LOC"), or any combination of these.
Finance of America Reverse | Slide 5
................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related download
- investor presentation finance of america companies
- second party opinion spo iss corporate solutions
- you have a reverse mortgage consumer financial protection bureau
- home equity conversion mortgage hecm training for financial professionals
- at risk extension
- reverse mortgage servicing department request for reverse p o box
- reverse mortgage prequalification form
- finance of america pay mortgage
- line of credit reverse mortgage servicing department p o box 40738
- united states of america consumer financial protection bureau
Related searches
- criteria for home equity loan
- onemain financial home equity loan
- onemain financial home equity loans
- nslds for financial aid professionals log in
- home equity loans for bad credit guaranteed
- home loan vs home equity loan
- home equity loan for remodel
- best rates for home equity loans
- calculator for home equity loan
- requirements for home equity line of credit
- bank rates for home equity loans
- sales training for financial advisors