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Thursday
12
APR

A Realtor's Intro to Utilizing the HECM for Purchase

09:00
10:00
Sellstate Summit Realty
Event organized by Sellstate Summit Realty

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1CE-$10
The HECM for Purchase course introduces how to utilize FHA’s Home Equity Conversion Mortgage, or Reverse Mortgage to purchase a home. This program allows seniors, age 62 or older, to purchase a new principal residence using loan proceeds from the reverse mortgage resulting in no principal or interest payments for as long as the last borrower remains in the home. Real estate agents will benefit from taking this class by learning to separate common HECM myths from reality, understanding borrower and property eligibility, becoming informed on how to structure the purchase transaction, as well as the benefits of the HECM.
Register at:
http://events.r20.constantcontact.com/register/event?oeidk=a07ef7svig6ebe1e959&llr=4ewkp5cab

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