Understanding the HECM Reverse Mortgage Webinar
ORRA Member Pricing: $10
Instructor: Sean Corcoran
This class will prepare REALTORS® to help their client understand the various types of reverse mortgages including refinance and the purchase of reverse mortgages. As many know, reverse mortgages may carry a negative stigma but it’s important to educate and understand these types of reverse mortgages, especially the safe FHA version (HECM).
This course covers each type of reverse mortgage and their unique possibilities to benefit your clients. Join us to learn how to separate myths from realities, while networking and having fun!
At the end of the class, REALTORS® will be able to identify the homes and clients that qualify for these types of mortgages, understand what is allowed when writing a reverse mortgage purchase contract, will understand when to refer for a refinance, understand marketing to seniors, increase sales, and will be empowered to double commissions while selling a home to a senior for about 50% – 60% down payment and have no required monthly mortgage payments, for life!
ATTENDANCE POLICY
1. CE credit will not be awarded if login is not complete by 9:10am. No exceptions.
2. FREC requires a licensee attend 90% of each of the classroom hours. You must be logged into the webinar for the duration of class for your attendance to be tracked.
CANCELLATION/NO-SHOWS
Cancellations not received within two (2) days prior to class start time will result in the forfeiture of the registration fee. Cancellations can be made through ORRA’s Professional Development Department at 407.513.7268 or email at education@orlandorealtors.org.