Reverse mortgages, also known as home equity conversion mortgages (HECMs), can be used to help seniors finance the purchase of a home in addition to their traditional purpose of enabling people to borrow against the equity in a property where they already live.
Learn about when and for whom this tool may be appropriate in a live webcast hosted by NAR on Wednesday, Feb. 22, at 2 p.m. Eastern time.
- Scott Trembley, CEO of The Trembley Group, a real estate firm in Myrtle Beach, S.C., that handles home purchases with HECMs
- Frank McInerney, a loan specialist with Reverse Mortgage Funding in Bloomfield, N.J.
- Jon Boughtin, NAR Communications