This is not your mama's reverse mortgage...by a long shot!

If you sell #annuities, #lifeinsurance, #finalexpense, or work with seniors in any way... you know that they are concerned about the looming recession. (No matter what you call it- it's still a RECESSION. If you're an honest financial professional, you know this is true.

And you also know your clients are worried, especially those on fixed incomes. Inflation is eating away at their pensions (the lucky few who have them), their savings and qualified plans, even Social Security. (COLA is a joke!)

Are there any buckets of cash available to the typical senior (age 62 and older) that you haven't tapped into yet? Probably. And one of them is the equity in their homes. In fact, a big chunk of the typical retiree's wealth is found in their homes, even those that are not yet paid off.

What if you could:

Help your senior clients get rid of a burdensome, expensive monthly mortgage, one that constrains their cash flow and causes them worry and stress?

Help your clients find more money to do the things they want to do, like pay off debts, spend more time with the grandkids, tick off more boxes on their bucket lists, fund a life insurance or annuity for their heirs?

What if your clients could do these things... and more, and still live comfortably in their own homes, without a mortgage, for the rest of their lives?

A Home Equity Conversion Mortgage (HECM), commonly known as a Reverse Mortgage, gives homeowners 62 and older the ability to access the equity in their homes. Doing so improves cash flow and increases the longevity of their retirement assets. HECM loans are insured by the Federal Housing Administration. Borrowers must get independent counseling to make sure they understand their responsibilities and get their questions answered, making modern reverse mortgages much safer options than in the past.

Most financial advisors know little to nothing about reverse mortgages other than what they've seen on Robert Wagner or Tom Selleck commercials. Or they cling to outdated ideas, myths and misconceptions and don't understand how these modern FHA-backed "HECMs" work. If that's you, that's too bad, because you are missing out on a powerful tool that could help make #retirement more enjoyable and less stressful for your clients and HELP you find them money you could help them invest to create legacies or pay for medical expenses or long-term care.

In this short webinar, industry veterans Larry Speir and Perry Pappas explain HECMs and other reverse options and how agents and advisors use them to create better retirement outcomes for their senior clients. Even if you think a HECM won't help YOU sell more annuities or insurance, you should still have a basic understanding of how these powerful tools work, just in case your clients ask.