Fairway Independent Mortgage Corporation (FIMC) has over 3,000 licensed loan officers and 500 branches across the country with more than 900 trained reverse mortgage planners. Over the years, our team has helped thousands of Americans achieve financial security by obtaining a reverse mortgage loan. We understand that your best interest is keeping your clients happy and coming back to you. A reverse mortgage can be an important piece of a sound financial plan for any retiree.
Building an income plan is complicated work with many what-ifs. Having awareness of potential complications is a critical piece when planning for the unknown. Watch on-demand to learn when a reverse mortgage might make sense for your clients' plans to hedge for obstacles.
Speaker: Harlan Accola CRMP, CSA, Jim Silbernagel, CFP, LUTCF,
Most Americans have saved the majority of their retirement assets in tax-deferred vehicles like 401(k)s and IRAs. But what happens when tax rates go up? How much of your hard-earned money will they really get to keep?
Speakers: Harlan Accola and David McKnight
There are 4 very important questions that you will have to answer as soon as something would happen to you such as a broken arm or leg or, of course, a stroke or something that would be debilitating that would immediately cause the need for long term care.
This informative documentary covers true stories from families who used a reverse mortgage in a sensible, smart, and safe way that has enhanced their lives in a life-changing way.
Many people think that they should wait until they’re older because generally you can get a little bit more money as you get older. But let’s look at the mechanics of when is the best time? Reverse mortgage loan to value, or principle limit factor as we call it, is based on 3 factors.
The interesting thing is when people make financial decisions, they often make them emotionally even though numbers are very logical. 2 plus 2 always equals 4 and yet emotion comes into play into almost every financial decision. Now I’ve never seen a situation that has evoked more emotion than a Reverse Mortgage loan.
The 3 buckets video explains how you can take out a reverse mortgage loan to take the equity out of your home and convert it to usable cash flow.