In many of these weekly postings I have made mention of the HECM for Purchase (H4P) program. This week we will concentrate on it.
Realtors and Builders of 55+ communities who are in the know are quite literally cashing in on this powerful financing tool. If you assist people 62 and older to buy homes, you should be cashing in too! Even bankers, lawyers, traditional loan officers, home care providers and other professionals dealing with seniors should definitely be conversant enough about it to open the door for clients to consider it.
Please take a look at this article: http://reversemortgagedaily.com/2013/11/11/lenders-builders-see-mutual-reverse-mortgage-benefits/
Also, you should absolutely take advantage of a free webinar coming up on Thursday, 11-21 from 2pm to 3pm Eastern Time. I am sure that you will be glad you did! Where implemented, this purchase program has increased sales for 55+ builders by 30%. 85% of those additional buyers would not otherwise have qualified. 96% of these found buyers purchased every available upgrade!
Would that make a builder happy that they work with you? I can share evidence that it does. The program makes buyers out of lookers and commissions out of your efforts. Let me get you going on it.
You can download a flyer about the webinar here.
Here is the webinar registration link: https://attendee.gotowebinar.com/register/7506414615384086785
Please use my name, Bob Adams as the person that invited you. Thanks!