Understanding the HECM for Home Purchase | Earn 2 CE Credits
This is a 2-hour CE credit class for REALTORS. This CE course will prepare REALTORS® to market and sell homes to seniors, which will increase their total sales and commissions. We will cover three types of reverse mortgages and what makes them unique, and we will focus on FHA’s safe type of reverse mortgage, called the HECM (Home Equity Conversion Mortgage).
At the end of the class, REALTORS® will be able to identify the homes that qualify for this type of mortgage, know what is allowed when writing a purchase contract, and be empowered to increase commissions while selling homes with approximately 50% down payment and no required monthly mortgage payments for life! Join us and learn how to separate myths from realities.