A continuing education program on reverse mortgages was accepted by the Certified Financial Planning board, after being submitted by Mortgage Services, III (MSI), the company announced this week.
The Bloomington, Illinois-based mortgage company submitted the CE program titled “Reverse Mortgages—A Financial Planning Tool,” to include reverse mortgage basics, uses, misconceptions and the use of reverse mortgages as a financial planning tool as well as the future of the product.
“We felt the need to offer this class to financial planners as they have many misconceptions about reverse mortgages and more retirees are seeking solutions to their retirement needs,” said Mike Wyrostek, branch manager and reverse mortgage specialist for MSI.
The two-hour, two-credit course was accepted by the CFP board and meets its continuing education requirements. It is expected to be offered via nationwide webinar beginning May 1.
Written by Elizabeth Ecker