Did you know there’s a reverse mortgage available to homeowners 62 or older that allows them to convert part of the equity in their home into cash or to buy a home and have its mortgage reversed at closing? The HECM for can leave the homeowner with no monthly mortgage payments. Enhance your value to clients by learning the options of the reverse mortgage. You’ll also learn about qualifying, closing costs, and the advantages and disadvantages of reverse mortgage products.
- New Jersey Real Estate - 3 Elective Credits
- New York Real Estate - 3 Credits
- Pennsylvania Real Estate - 3 Credits