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• How much money could be withdrawn at a later date?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.

Divorced and widowed women may face unique challenges, such as a reduction in income or the need to relocate or buy out an ex-spouse. For those with substantial home equity, a reverse mortgage loan can be used to manage those challenges. Home equity can serve as an alternative source of cash, assist with long-term care risks, or eliminate a monthly mortgage payment*. The reverse-for-purchase loan can even help a client purchase a new home with no required monthly mortgage payment*.

Register below to learn:

• The basics of a reverse mortgage loan
• How to buyout a spouse with a reverse mortgage and stay in the home
• How to purchase a new home with the H4P - Reverse for Purchase loan
• Review case studies of using a reverse mortgage as a financial solution

Webinar is free, earn 1 CFP CE credit with an $8 processing fee.

^{*The borrower must meet all loan obligations, including living in the property as the principal residence and paying property charges, including property taxes, fees, and hazard insurance. The borrower must maintain the home. If the borrower does not meet these loan obligations, then the loan will need to be repaid. With a HomeSafe Second loan, borrowers must continue to comply with all the terms of the first mortgage.}

Retirement planning has traditionally excluded home equity; however, with seniors controlling over $13 trillion in housing wealth and planning for 20 years or more in retirement, now may be the time to consider how home equity can be a key component of a retirement plan. In this webinar you’ll learn:

• What a reverse mortgage is, including products, eligibility, misconceptions, and consumer safeguards.
• How home equity can be used to supplement household cash flow, eliminate a monthly mortgage payment*, manage long-term risks, and pay taxes on Roth Conversions.
• Client profiles where a reverse mortgage loan can safeguard a retirement while providing generational wealth transfer and other legacy opportunities.

Webinar is free, earn 1 CFP CE credit with an $8 processing fee.