Class 3 CE


11 May

The Morals and Ethics of the Home Equity Conversion Mortgage for Home Purchase

The Morals and Ethics of the Home Equity Conversion Mortgage for Home Purchase

Wednesday, May 11, 2016 (9:00 AM to 12:00 PM)
3.00 CE Hours
Orlando Regional Realtor Association, Orlando, Florida

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The Morals & Ethics of the Home Equity Conversion Mortgage for Home Purchase
Instructor: Tim Linger

Get even more sales from those clients who are ages 62 & above!
Imagine the increase in sales and listings when you offer clients who are ages 62 and above, a mortgage with no monthly payment for as long as they live in the home! Imagine telling senior citizens they can afford their dream home even though their previous home sold for less!

After this course, you will be able to: 
• Offer this unique product to homebuyers above the age of 62
• Seperate myth from reality on this product
• Pre-qualify senior citizen borrowers for this loan
• Identify property types that qualify for this loan
• Explain the monetary investment required
• Explain and understand the built-in FHA safeguards for senior citizen borrowers 
• Explore the ethical and moral implications of offering or not offering this product

CANCELLATION/NO-SHOWS
$25 fee for free classes or forfeiture of registration fee for cancellation within 3 days of course date or for no shows. If you wish to cancel your education class or course registration, please contact ORRA’s Professional Development Department at 407.513.7268 or e-mail education@orlandorealtors.org. Thank you. 

Orlando Regional Realtor Association - Conference Center
Orlando Regional Realtor Association (Conference Center)
1330 Lee Road
Orlando, FL 32810

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