Facts about the HECM for Purchase Program
(2 CE credit hours)
Instructor: Vickie Harvey, HECM Consultant, Retirement Funding
This class educates Realtors about a little-known FHA insured financing program for seniors, who are at least 62 years of age. As a Realtor, you can help your clients purchase a more expensive home without tying up all their cash, and allows you client to not have a monthly mortgage payment.
In this class, you will understand what the HECM for Purchase Program is and how it can benefit your client; understand what is required to qualify for a HECM Loan; and understand what types of homes can be purchased as well as learning the process and items that are unique to this type of financing.
Vickie Harvey has been a HECM Consultant and Loan Office since 2012 and has been in the financial services industry since 1992.
Cost: $20 if paid by 2/19/ $30 day of class
If you have purchased the EduCard Plus+, this class qualifies as one of the courses you can take at no additional charge.