Reverse Mortgage, Another Tool In Your Information HUB

Reverse Mortgage, Another Tool In Your Information HUB

Hey everyone, I wanted to talk with you about a new product we learned about in our last learning lab. Reverse Mortgage, so maybe it’s not new but some really great changes have been made to this program thus making this a great resource for a lot of folks. There has been some bad connotation around Reverse Mortgages in the past but thankfully in 2015 and 2017 the government fixed all of the issues with Reverse Mortgages.

“Be the HUB of information for your clients”

So beyond the fact that I’m excited that this tool is out there for people to be able to take advantage of the real reason I wanted to talk to you today is.. This is another great resource for you to add to your information HUB. Learning about Reverse Mortgages can be just as valuable as knowing about forward mortgages. Did you know that those over the age of 65 make up the largest percentage of the population of home sellers/buyers from 2014-2024. This is the prime age for a reverse mortgage.

Having this knowledge will make you much more of a resource to your clients. It also builds trust between you and your client just because you are so informed!

Once again be the HUB of information for your clients by being the wealth of knowledge and resources. If you have any questions or concerns please give us a call. For further information on Reverse Mortgages you can see the slide show on the HUB or you can reach out to Michael Joy from Fairway Mortgage.

Gavin Shnieder