A lack of education is often blamed for the wide variety of reverse mortgage misconceptions that exist today. It’s also the reason why many other non-reverse industry professionals like Realtors and financial advisers balk at the idea of even considering reverse mortgages as potential solutions for their clients.
Through a series of online educational sessions, the National Reverse Mortgage Lenders Association (NRMLA) plans to teach Realtors, advisers, health care workers and other professionals how reverse mortgages work and how these products can best serve their clients’ financial needs.
The week-long educational sessions April 18-22, which NRMLA has dubbed “Education Week,” will address professional trade groups serving the retiree and senior population, including the National Association of Realtors, Mortgage Bankers Association and the American Society on Aging.
NRMLA plans to unveil additional details for Education Week via an event calendar on its webpage and encourages reverse mortgage industry professionals to check the NRMLA LinkedIn Group for further updates.
Reverse mortgage industry participants are also encouraged to invite their own professional contacts to register for these online events.
RMD will continue to update our readership on any additional news for the Education Week schedule of events as they arise.
Written by Jason Oliva