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Reverse Mortgage for Purchase

Where:
WeMAR Classroom
9001 W Union Hills Dr
#8
Peoria, AZ 85382
When:
06/20/2017
09:00 AM to 12:00 PM
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Event Details:

Reverse Mortgage Graphic


Reverse Mortgage for Purchase


Attendees will learn reverse mortgage basics and how the reverse mortgage purchase product will create and increase sales as well as provide an alternative to traditional financing for qualified buyers.


  • Reverse mortgage refinance and reverse purchase basics as an alternative to traditional financing.
  • Advantages to these types of loans.
  • Product types
  • New Financial Assessment guidelines
  • Reverse mortgage for purchase process including time frames, real estate contract and title items, closing.
  • Scenarios
Instructor Robin Faison will share scenarios to help you understand the world of reverse mortgage to increase your sales and commissions while you assist your clients in the purchase of their home. This course is loaded with information including the history, fact and fiction, and the power of reverse mortgage. You will learn about Ginnie Mae & FHA HECMs, HEMC program overview, guidelines and closing process, the four different types of reverse mortgages, how to reduce income tax, and what to do if you acquire a listing that currently has a reverse mortgage.

This is a class to attend and learn how reverse mortgage can work for you.

3 hours General
Certificates will be issued by WeMAR School of Real Estate, 623.931.9294, 9001 W. Union Hills Dr, #8, Peoria, AZ 85345  

Admission $10, no refunds

Sponsored by:

Matthew Belmont, Primary Residential Mortgage
Billy Wade, The Enlglish Inspector



Robin FaisonRobin Faison
As an ardent advocate of the reverse mortgage, otherwise known as Home Equity Conversion Mortgage, my career has focused on educating consumers about the advantages of these loans and the varied applications available to them.

I have worked in a variety of community settings, always with the intention to better serve my community by offering different types of professional resources and education. Some of these include developing seminars and classes on Reverse Mortgages accredited through the Arizona Department of Real Estate, sponsored by the Real Estate Academy of Learning.

My career has drawn me towards the mature population and issues surrounding aging. I am an active volunteer with the Arizona Attorney General office. In this capacity, I counsel those through the complaint process within the office and teach about consumer fraud and the financial exploitation of the elderly.

I enjoy walking my dogs, a long haired Chihuahua named Shorty and a Jack Russell named Karl, biking and reading.

Open Mortgage LLC is an active member of the National Reverse Mortgage Lending Association, is comprised of family-oriented, hardworking and ethical people committed to taking care of people and exceeding their expectations
.


33.652,-112.252||info: WeMAR Classroom
9001 W Union Hills Dr #8
Peoria, AZ 85382||2755
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9001 West Union Hills Drive, #8, Peoria, Arizona 85382
Main Office: 623-931-9294 | Fax: 623-931-1008