You have heard me complain again and again about the misinformation out there about the HECM (Home Equity Conversion Mortgage) Program. That complaint is still valid but we are definitely starting to see financial planners and other professionals who serve elderly Americans begin to see the light. There is a great article in the March 2014 issue of Financial Planning Magazine. Featured in this week’s newsletter is an article from Financial Advisor IQ – see it here. Slowly the actual facts are coming to light!
There are many very comprehensive treatments and studies that support the HECM as a sound financial tool. My company, Security One Lending, leads the way in communicating helpful information to financial pros. Ignoring the use of many people’s single largest asset, housing wealth, in the formulation and execution of a retirement plan is difficult to defend in today’s fiscal environment. The proper application of the program is extremely beneficial and very flexible. Utilizing this little understood program is also a way to preserve investment portfolios. I can demonstrate that. Please ask me for access to some very compelling case studies and scenarios. I can get you access to www.fundinglongevity.com I promise that you will find it helpful!
As we do each week, we point Realtors and Builders to the HECM for Purchase (H4P) Program. Please go to my site www.reversemortgagewithbob.com and the Reverse For Purchase tab. The program is responsible for remarkable increases in sales. Those who know about it are definitely cashing in. Ask me about it, thanks!