NRMLA's Reverse Mortgage Education Week is dedicated to teaching professionals who work with seniors how reverse mortgage loans work and how a HECM can help meet their clients' financial needs.
On Friday, April 22, NRMLA is hosting a free webinar that examines the most common needs of America’s seniors and the role a reverse mortgage can play in fulfilling them, and in creating peace of mind. Experts will explain HECM loans and share real world examples of borrowers who used a HECM to diversify financial assets, buy a new home, pay for in-home care, delay collecting Social Security, make home repairs and modifications, mitigate sequence risk to an investment portfolio, and pay off an existing mortgage.
"Meeting Your Clients' Needs with a Reverse Mortgage" is for professionals who serve seniors as caregivers, financial planners, mortgage professionals, real estate agents, or social workers. It will feature:
· An overview of reverse mortgage loans including how they work, how they are used, and new consumer safeguards to protect borrowers and their spouses
Speaker: Dan Hultquist, author and NRMLA Education Committee Co-Chair
· A discussion of the unique financial challenges seniors encounter as they age and examples of how those needs can be managed with reverse mortgage proceeds
Speaker: Lorraine Geraci, NRMLA Education Committee
· A presentation from a financial planner who will explain how home equity can enhance a retirement plan and provide examples of how a reverse mortgage can improve portfolio survivability
Speaker: Suzette Blackburn, Financial Planner & Owner of CapStar Financial
· An introduction to the benefits of using a reverse mortgage to purchase a home and how it compares to other purchase options
Speaker: Craig Barnes, NRMLA Education Committee
· Time for questions with our speakers
If you know a professional who works with older adults and is interested in learning more about the financial tools available to seniors 62 and older, please encourage them to register for this event on the NRMLA Website.
Here's a sample note you can share with the professionals you know.
Dear Colleague,
I'm writing to let you know about an online educational session for professionals who serve older adults and understand the unique challenges facing America's seniors. On Friday, April 22, the National Reverse Mortgage Lenders Association is hosting a webinar called "Meeting Your Clients' Needs with a Reverse Mortgage" in conjunction with its Education Week that runs from April 18th-22nd.
Experts will explain home equity conversion mortgage loans and share real world examples of borrowers who used a HECM to diversify financial assets, buy a new home, pay for in-home care, delay collecting Social Security, make home repairs and modifications, mitigate sequence risk to an investment portfolio, or pay off an existing mortgage.
"Meeting Your Clients' Needs with a Reverse Mortgage" is for professionals who serve seniors as caregivers, financial planners, mortgage professionals, real estate agents, or social workers. It will feature:
· An overview of reverse mortgage loans including how they work, how they are used, and new consumer safeguards to protect borrowers and their spouses
Speaker: Dan Hultquist, author and NRMLA Education Committee Co-Chair
· A discussion of the unique financial challenges seniors encounter as they age and examples of how those needs can be managed with reverse mortgage proceeds
Speaker: Lorraine Geraci, NRMLA Education Committee
· A presentation from a financial planner who will explain how home equity can enhance a retirement plan and provide examples of how a reverse mortgage can improve portfolio survivability
Speaker: Suzette Blackburn, Financial Planner & Owner of CapStar Financial
· An introduction to the benefits of using a reverse mortgage to purchase a home and how it compares to other purchase options
Speaker: Craig Barnes, NRMLA Education Committee
· Time for questions with our speakers
For more background on reverse mortgage loans, take a look at recent media coverage that shows how the responsible use of a reverse mortgage can enhance a retirement plan and enable seniors to age in place:
· Forbes: “Reverse Mortgages Can be a Retiree’s Saving Grace”
· Kiplinger: “Reverse Mortgages Get a Makeover”
· Time: “Retiree’s Biggest Asset May be Hiding in Plain Site”
· USA Today, “When a Reverse Mortgage Can Make Sense” and
· Wall Street Journal: “The New Case for Reverse Mortgages.”
If you’re interested in learning more about the financial tools available for seniors age 62 and older, this webinar is worth your time. To register, visit the National Reverse Mortgage Lenders Association website (you do not have to be a member of NRMLA to register).
If you have questions before or after the event, I’d be happy to meet with you to provide additional information.
Thank you,