For Realtors

REALTOR Lunch & Learn: Using HECMs to Increase Sales

May 9, 2018, 12:00 pm - 1:00 pm

Join Howard Frankel, Sr. Reverse Mortgage Loan Officer with Resolute Bank to learn innovative Home Equity Conversion Mortgage (HECM) uses to increase sales with senior buyers, and:

  • Separate myth from reality with this often-misunderstood financing tool
  • Show clients how they can use their northern property to fund a 2ndhome purchase
  • Learn how to turn a divorce scenario into multiple larger sales, and create satisfied clients
  • Turn a $300k buyer into a purchaser of your $600k listing, without a mortgage payment
  • Understand the new built-in consumer safeguards not available in the past
  • Learn about the basics – process, sales contract, eligible properties, lending limits, down payment, qualifications, etc.

Register directly with the Bonita Springs Estero Realtors using this link:  https://bonitaesterorealtors.com/events/lunch-learn-using-hecms-to-increase-sales/

Bonita Springs - Estero Realtors
25300 Bernwood Drive, Suite #1
Bonita Springs, Florida 34135
(239) 992-6771

 

Some informative news articles for your buyers:

Kiplingers: Buying a Home with a Reverse Mortgage

Forbes: Can You Use A Reverse Mortgage To Purchase A New Home?

WSJ: A Reverse Mortgage to Buy a Home? Here's How

 

YOUR CLIENTS ARE GETTING EDUCATED ABOUT REVERSE MORTGAGES. ARE YOU?

NBC NEWS: COULD GETTING A REVERSE MORTGAGE HELP YOU SAVE MONEY?