Attracting mortgage lenders, bankers, financial advisors and REALTORS is critical to growing the reverse mortgage market, but the industry has yet to fully crack the code on bringing new entrants into the space. At an upcoming industry event, these financial professionals will be able to learn firsthand the facts on reverse mortgages and how these loans can fit into their product offerings.
Mortgage lenders, bankers and REALTORS interested in learning why offering reverse mortgages in their lending portfolio allows them to better serve consumers are invited to attend a “Reverse Mortgage Facts” education track at the inaugural ReverseVision User Conference 2016 in San Diego, January 20-22 at the Sheraton San Diego Hotel & Marina.
User Con will feature general sessions and career tracks for reverse mortgage executives, loan officers, account executives and administrators. The even will also feature sessions focused on forging relationships with financial planners; advertising and the Consumer Financial Protection Bureau; how TRID has impacted the reverse mortgage industry, and more.
For REALTORS and mortgage lenders, the “Reverse Mortgage Facts” track is an opportunity for them to learn how Home Equity Conversion Mortgages (HECMs) can be a safe, secure option for building their business by responsibly serving consumers in retirement or considering retirement lifestyle options.
The track includes an overview of the HECM, with leading financial planners explaining how HECMs can be used as a valuable retirement tool and demonstrating the ability to accurately model cash flow scenarios that show retirees the best possible outcome for their financial future.
As interest rates rise in 2016 and home values continue to recover, homeowners can once again expect to factor home equity options in their financial decision making. And financial institutions such as lenders, banks, credit unions and REALTORS will be able to improve their competitive edge by investing in education and home equity product options for their customers.
“If you are in the business of helping consumers make well-rounded decisions about how they buy a home or leverage home equity work after age 62, you need to learn from experts how reverse mortgages really work and impact the lives of consumers,” said Wendy Peel, vice president of sales and marketing at ReverseVision in a written statement. “Since the HECM was created to serve this demographic in a specific way by allowing the home equity asset to be properly leveraged in retirement, it is important to be able to accurately discuss the option with consumers.”
Early registration for “Reverse Mortgage Facts” is $249 until December 31, 2015.
To learn more about ReverseVision User Con 2016, visit the event website, and to check-out this newly added track’s schedule click on the blue “Reverse Mortgage Facts Track” button.
Written by Jason Oliva