The need to liquidize
assets in order to raise the funds necessary to maintain financial independence
as a senior or even care for aging loved ones is a growing trend in
America. There are many products and
services offered today that promise a senior will be “all set” financially,
however it is essential that professionals invest the time to better understand
these products in order to effectively serve their clients. A Reverse Mortgage
is one method many seniors are utilizing to convert the equity in their homes
to cash so that they can maintain greater financial security, meet unexpected
medical expenses, make home improvements and much more.
CSA Alain Valles, an expert on reverse mortgages, will be presenting
the next SCSA educational webinar: Reverse Mortgages: Help Clients and Increase Referrals. Valles is President of
Direct Finance Corp., and was the first person in New England to receive the
arduous Certified Reverse Mortgage Professional (CRMP) designation. He will
provide attendees of this informational webinar with the pros and cons of Reverse
Mortgages and will share his expertise in order to help other professionals
improve and maintain the quality of life for their senior clients.
This
webinar will not make you a loan officer, but rather will increase your
knowledge in order to better serve clients whatever your discipline.
A
reverse mortgage can be a suitable option for many homeowners, but they are not
always for everyone. What experiences have you or a loved one had with a
reverse mortgage, and what made this option work or not work for that
situation?