Introduction to Reverse Mortgages for Senior Homeowners – 2 hours
As we live longer and longer lives, seniors have become the fastest growing demographic group in America. It is estimated that over 10 million own their homes free and clear. Reverse Mortgages, now insured by the FHA, were created to allow seniors to use some of their equity. Instead of sending payments to the mortgage lender, however, seniors receive payments each month for life, get a big credit line or a huge cash lump sum and never have to make payments. We will explore the basic principles of this increasingly popular form of financing.

Course Type: Online

Credit Hours: 2 hours

Package Price: $19

Features:

• Chapter summaries highlight important concepts
• Quizzes allow you to monitor your progress

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