USING A REVERSE MORTGAGE TO PURCHASE A HOME 

Home Equity Conversion Mortgage (HECM) loans are offered to seniors who need to tap into their equity to cover living expenses. HECM loans can also be used to purchase a home. A purchase reverse mortgage is a non-recourse loan that enables senior homebuyers age 62 and older to purchase a home and make no monthly principal and interest payments for as long as they live in the home. In this course we will learn the following and more:

• Know which borrowers are eligible for a reverse mortgage purchase.
• Know what types of property are eligible for a reverse mortgage purchase
• The most frequently asked questions about using a reverse mortgage for purchase
• How reverse mortgage purchase borrowers are qualified
• The reverse mortgage purchase timeline
• How to market reverse mortgage for purchase transactions
• Red flags: Local reverse mortgage fraud cases

November 7, 2023 
10 AM to 1 PM
Doubletree by Hilton
415 CAPITOL WAY N.
OLYMPIA WA 98501

Register Here

FREE: Classes info only
$10 for 3hr CE credit

Additional Classes for Financial Planners & Clients as well
Invite your partners, clients & friends

ADVERTISEMENT: T2 Financial, LLC. D.B.A. Revolution Mortgage is an Equal Housing Opportunity Lender NMLS #1686046 (www.nmlsconsumeraccess.org) Terms, conditions, and restrictions may apply.  All information contained herein is for informational purposes only and while every effort is made to ensure accuracy, no guarantee is express or implied.  Not a commitment to extend credit.  All loans subject to underwriting approval.