User:GweirHoratio854

Reverse Mortgages and Adult Protective Services

On Sept. 11th, I was the guest speaker in the Ventura county, CA, Adult Protective Services staff meeting. The intention of my attendance would have been to educate workers about Reverse mortgages. They work exclusively with seniors and people adults who will be physically or mentally unable to look after themselves and must count on others to assist them in some capacity.

Due to the fact that Reverse loans have grown as reliable supply of money for seniors which might be over 62 years of age, they believed who's would be crucial that you find out more about the loan program and the way it may benefit seniors which they meet in over the course of their day.

I've been inside the lending promote for 25 years or so and dedicated to Reverse mortgages the last six of people years. The biggest hurdle with marketing them, may be the negative view that many folks have due to incorrect information. Sadly, it hurts the senior community when "trusted" advisors, family and the public in general Click here believe that the senior will forfeit their residence or the heirs won't have any equity leftover for the children.

That is incorrect and my biggest struggle i have like a professional during my industry. So, I was very complimented to get invited to become a guest speaker on the Adult Protection Services when i viewed it as a great possibility to set the record straight on the misconceptions that many people hold regarding the loan.