Interactive PDT: Reverse Mortgages

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As more Americans begin to shift into the later stages of life, many consumers seek additional options to meet continuing financial demands. One mortgage product that has experienced a surge in popularity is the reverse mortgage. Reverse mortgage loans are available only to people who meet a certain age threshold and other requirements; while they offer a way for seniors to meet the costs of living later in life, it is important for mortgage professionals and borrowers alike to understand both the benefits and the risks of reverse mortgage products. This course will review reverse mortgage loans, including the types of products available, standards for borrower eligibility, government-insured options, and more.

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