Although Reverse Mortgages have been around for more than 20 years in the United States, there remains a wide gap between how the program truly works and the knowledge of even the most seasoned REALTORS (R) and Mortgage Loan Officers. That lack of knowledge translates to a poor understanding of the homeowner and the many great benefits available to them. Course takeaways:
- Learn about the two different types of Reverse Mortgages.
- Purchase Reverse and Refinance Reverse.
- The inner workings of a Reverse Mortgage in areas ranging from borrower qualifications.
- And, the six ways they qualify to receive their money.