Financial Freedom has formed a partnership with Seniors Real Estate Specialists (SRES) Council to provide educational content and instruction to SRES members regarding the Department of Housing and Urban Development's Home Equity Conversion Mortgage (HECM) program for reverse mortgages.
SRES members have begun accessing regularly scheduled, comprehensive webinars and local area seminars about reverse mortgages. Additional seminars will be provided once the new HECM for Home Purchase program is implemented early next year. HECM for Home Purchase will allow seniors to purchase a new home with a reverse mortgage and eliminate any required monthly mortgage payments, notes Financial Freedom.
Source: Financial Freedom