The National Community Reinvestment Coalition is offering the Reverse Mortgage Basics for Housing Counselors webinar on October 28, 2 pm ET virtually.
Click here to visit NCRC’s event page and register for an interactive session introducing housing counselors to reverse mortgages, with a focus on the FHA Home Equity Conversion Mortgage (HECM) program. According to NCRC, participants will gain a clear understanding of the history of the program, eligibility requirements, and loan features. Additionally, the webinar plans to explore both the benefits and risks of reverse mortgage loans and share practical tools and strategies to help you guide clients in making informed financial decisions. NCRC states that this webinar is ideal for both new and experienced housing counselors who want to deepen their knowledge of reverse mortgages as a tool to support older homeowners and by the end of the session, participants will be better prepared to explain program details, evaluate client eligibility, and assist homeowners considering this option.
Sources:
NCRC What’s New in Housing Counseling? Reverse Mortgage Basics + Fannie Mae’s HSIF Tool Newsletter