About This Course
Learn from an expert in the field the real facts behind reverse mortgages. Understand the rules, who qualifies, the advantages as well as who should not apply for one.
Some of the topics to be discussed include:
- Background of reverse mortgages
- What is a reverse mortgage?
- Options and eligibility
- Obtaining the funds and what they can and can’t be used for
- Process of getting a reverse mortgage: application: eligible properties; trusts and life estates; underwriting; closing; funding and servicing
- Pitfalls of reverse mortgages
- Alternatives to reverse mortgages
- Advanced uses of reverse mortgages