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Reverse Mortgages for REALTORS®
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Reverse Mortgages for REALTORS®

3/24/2016
When: March 24, 2016
1:30 PM to 4:30 PM
Where: Orlando Regional REALTOR® Association
1330 Lee Road
Orlando 32810
United States
Contact: Professional Development

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Separate myth from reality

The Reverse Mortgage class is an introduction to the federally insured Home Equity Conversion Mortgage (HECM) Program. The course provides attendees with an in depth explanation and understanding of how the Reverse Mortgage operates and who qualifies. The class also provides up to date information on major changes FHA has recently made to the program, including the Reverse Mortgage for Purchase, Financial Assessment (Income/Credit guidelines) and protections for spouses that are not yet 62 years old.

After this course, you will understand:
  • Payment options
  • The processing and repayment procedures
  • Differences between a Reverse Mortgage and a Home Equity Loan
  • Borrower eligibility requirements and obligations
  • Settlement costs and interest rates
  • How to use the Reverse Mortgage for the purchase of a new home
Instructor

Eric Rittmeyer, CRMP, is the President of Fidelis Mortgage located in Baltimore, Maryland. He is a veteran of the U.S. Marine Corps and has been in the mortgage industry since 1998. Fidelis Mortgage specializes exclusively in the Federally Insured Reverse Mortgage Program. Eric has been conducting continuing education classes to various organizations and associations since 2007. In June 2010, he was the first person in the United States to obtain the Certified Reverse Mortgage Professional (CRMP) designation.

Registration

Register online (login required) | Download flyer

Course date: March 24, 2016
Course time: 1:30 p.m.- 4:30 p.m. (Check-in begins at 1:00 p.m.)

ORRA Members: FREE; Non-members: $15
No On-Site Registration Permitted
No Show Fee: $25

Business casual attire requested for educational programs.

Course provided by Fidelis Mortgage

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