CE: Reverse Mortgages for Purchase

This course is approved for 3 hours of Elective CE!

This course will introduce the student to the basic concepts and requirements of the FHA insured “H4P” – known as the HECM (Home Equity Conversion Mortgage) for Purchase, or more commonly known as a Reverse Mortgage for Purchase. The student will learn the basics of the HECM mortgage, including what kind of borrower is eligible for a Reverse Mortgage for Purchase, how a reverse mortgage can be used as a tool to purchase a home or to refinance a home, what the FHA guidelines and lender underwriting guidelines are, what type of property qualifies, and how to share the basic information regarding reverse mortgages to their Senior Clients.


Date

May 03 2022

Time

1:00 pm - 4:00 pm

Location

OKCMAR ROOM 302

Organizer

Derek Binsfield
Phone
4058401493
Email
education@okcmar.org