Today Financial Freedom announced the launch of their Reverse Mortgage Borrower Advocacy Program to help consumers make the most informed reverse mortgage decision possible. The program, which will include a wide range of educational tools and materials, kicks off with two new videos, Is a Reverse Mortgage Right for You? and Uses for a Reverse Mortgage.
“We recognize that reverse mortgages can be complicated products and as the industry has rapidly grown, seniors are confronted with many more product, pricing and withdrawal options than ever,” said Michelle Minier, CEO of Financial Freedom. “Our goal has always been to educate seniors so they can properly evaluate reverse mortgages and now the Reverse Mortgage Borrower Advocacy Program will provide a more comprehensive effort to educate seniors on the increasingly complex decision making process of choosing solutions to fund a secure retirement.”
In addition to the videos, the Reverse Mortgage Borrower Advocacy Program will offer a broad range of content and tools for consumers in the coming months. This will include:
- Enhanced Web Tools – Consumers will have new tools to better evaluate reverse mortgage products, withdrawal options, and financial planning choices for retirement.
- Educational Content – Financial Freedom will introduce a series of new consumer handbooks on reverse mortgages that cover all aspects of evaluating reverse mortgages – along with all possible fees associated, how to conserve proceeds and how to further safeguard against predatory lending and pressure sales practices.
To learn more about the Borrower Advocacy Program head over to the newly designed website at the link below.