Unlocking Hidden Value: What Financial Professionals Need to Know About Reverse Mortgages
Speaker: Monica Elizondo, Longbridge Financial, LLC
Elderly homeowners own close to $14 Trillion in home equity, and many are struggling with a financial plan that fully fund their lifetime expenses, yet financial advisors often overlook this hidden wealth. Why? In this 1-hour presentation, we take a deep dive into the FHA Home Equity Conversion Mortgage (HECM) and new attractive and low-cost proprietary products to understand how it can improve the retirement plans of clients, protect against longevity risk, be optimized to fit with client goals, and to do so in an ethical and compliant manner. Home equity is one of the largest sources of assets for clients, and reverses mortgages can unlock this hidden wealth in a safe and standardized manner.
FREE to attend, but seating is limited. So, register early!
1 CFP credit available
FPA of South Carolina is a 501(c)6 non-profit organization.
