Back by popular demand, we’ll take a dive into helping retirees on the move with financing solutions that enable their lifestyle and provide options many don’t even realize are available. Join me in educating the fastest growing demographic in our real estate market on what’s possible from Buy Before You Sell to Retirement Mortgages catering to clients aged 62+.
Help clients get the right home, in the right location to make the most of their retirement years.
This class will prepare you to get the conversation started. Packed with real life client scenarios, we’ll share how to recognize the opportunity and help you capture more business. Previous attendees said ” this class was like no other”, as we cover the gambit of choices, including a deep dive into the world of using reversing mortgages to purchase a home. We’ll pull back the curtain and share how the numbers work preparing you to enhance your clients’ home buying experience.
Join me in helping improve the quality of life for retirees in our community.
November 21, 2024
9:00am to 10:00am
Webinar – One Hour Oregon CE
REGISTER HERE
Retirement Mortgages Overview
- Retire Income Loans
- Asset Based Loans
- Home Equity Conversion Mortgages
Home Equity Conversion Mortgages (HECM)
- Common Myths and Concerns
- Loan amounts and how they are calculated
- Fixed or Line of Credit Offerings
- Repayment Options
- Holding a HECM mortgage over time – what happens
- What is a maturity event? When & how a loan becomes due and payable
- Talking to your client about a HECM
- Writing an offer Using a Reverse and Closing Timeframes
- Financial Benefits of a buyer using a HECM mortgage – Financial Example
- Case Studies – real-life client scenarios of purchases using retirement mortgage financing
- How understanding a HECM creates more buyers and sellers to expand your business
- Considerations when selling a home that has a Reverse Mortgage
Additional Resources:
A Real Estate Professionals Guide
Retirement Mortgages. The Elephant in the Room