Financial Planning Concepts and the Reverse Illustrator
February 11 @ 2:00 pm - 3:00 pm
With highly appreciated home values, and the need to plan for longer lifespans, more older homeowners and financial advisors are beginning to consider home equity as part of a comprehensive financial plan.
In this one-hour class for loan professionals, you will learn how the Reverse Illustrator can graphically display the flexibility, and options a reverse mortgage can bring to a retirement. In addition, with the interactive charts and graphs, you will be able to answer a number “what if” questions such as:
- What impact would rising interest rates have on the loan and
line of credit balances? - What if the home value stayed flat or even declined?
- How much money could be withdrawn at a later date?
Join Steve Resch, our Vice President of Retirement Strategies, as he shares how to navigate this software. He will also be discussing concepts and talking points that you can use with your financial advisors and prospects that that can lead to actual sales.