Archive for March, 2010

Reverse Mortgage Sales Training and Education

Reverse mortgages are quickly becoming an important part of the residential mortgage lending business. Reverse mortgages are more widely accepted by consumers, industry professionals and regulators today because of the successful track record they have achieved, specifically in the last few years. If you are a residential mortgage lender and you have not yet capitalized on this niche market or have not yet found a way to make the reverse mortgage program work for you, chances are, you will benefit by some of the services I offer to lenders who may be interested in entering the market and signing up for reverse mortgage sales training.

Reverse Mortgage Publications and Resources

Reverse Mortgage Information

Free Reverse Mortgage Publications are available from Reverse Mortgage Concepts by following these links. You can view and read or print the publications and distribute them to friends and family. If you have any questions, please call me to discuss, thank you! (800) 507-2080

NRMLA publications:

A Guide to Aging in Place

Answers to Common Questions About Reverse Mortgages

Using Reverse Mortgages for Health Care

Modifying Your Home Environment to Promote Greater Independence

AARP publication:

Home Made Money – A Consumer’s Guide to Reverse Mortgages

National Council on Aging publications:

Reverse Mortgage for Home Purchase

Reverse Mortgages have been used for home purchase for many years, however, the federally insured version, HECM, has recently become available for financing a home purchase as well. The advantages of the HECM loan are substantial, like low interest rates and FHA insurance but there are the usual drawbacks, like mortgage insurance fees and HUD property regulations.

Reverse Mortgages can be Refinanced

yet another shot of the old tv in chinook motel

Image by gothopotam via Flickr

This article illustrates how a reverse mortgage can be used over and over again to release cash from your home’s equity and create liquidity for life.

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