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How Does a Reverse Mortgage Work?

By definition, a reverse mortgage loan — also known as a home equity conversion mortgage — allows you to borrow against the equity you’ve built up in your home if you’re age 62 or older. Insured by the Federal Housing Administration, an HECM loan provides funds to help pay for the things you need or want — while you continue to live in and retain ownership of your home. Learn more to find out whether reverse mortgages are a good deal for seniors.

RMF Newsroom, Consumer Direct, Distributed Retail, Partners

Webcast Recording: Using a Reverse Mortgage to Buy a Home

REALTOR® Magazine recently hosted a live webcast about how reverse mortgages, also known as home equity conversion mortgages (HECMs), can be used to help seniors finance the purchase of a home in addition to their traditional purpose of enabling people to borrow against the equity in a property where they already live. The program took place on Feb. 22, 2017.

Panelists included Scott Trembley, CEO of The Trembley Group, a real estate firm in Myrtle Beach, S.C., that handles home purchases with HECMs; and Frank McInerney, a loan specialist with Reverse Mortgage Funding in Bloomfield, N.J. Jon Boughtin of NAR Communications hosted the program.

RMF Newsroom, Distributed Retail, Partners

Reverse Mortgage Funding Announces Two of Its Experts to Present at the 2017 International Builders’ Show®

BLOOMFIELD, N.J. — (BUSINESS WIRE) — Reverse Mortgage Funding LLC (“RMF”), one of the nation’s leading reverse mortgage lenders and 2016’s top issuer of Home Equity Conversion Mortgage-backed securities (HMBS), today announced that two of its experts, Rob Cooper, National Director - Builder/Realtor HECM for Purchase Program, and Julie Didyoung, a Pennsylvania-based Reverse Mortgage Specialist (NMLS ID #485913), will be featured presenters at the 2017 National Association of Home Builders (NAHB) International Builders’ Show® (IBS). Both Mr. Cooper and Ms. Didyoung will serve on the panel titled “Closing the Deal by Meeting the Needs of Your Older Buyers with a Reverse Mortgage” scheduled for Tuesday, January 10 at 10:00 AM ET.

RMF Newsroom, Distributed Retail

Reverse Mortgage Funding’S Retirement Experts Network To Host Webinar Featuring Nationally-Recognized Financial Aid And College Planning Expert Mark Kantrowitz

Mr. Kantrowitz to provide important insight into the major deadline changes implemented by the U.S. Department of Education to simplify the Free Application for Federal Student Aid (“FAFSA”) process. Webinar will offer financial advisors information, advice and tools they can use to help their clients make informed decisions about planning and paying for college.

BLOOMFIELD, N.J. – November 2, 2016 – Reverse Mortgage Funding LLC, one of the nation’s leading reverse mortgage lenders, is pleased to announce that its online educational platform, Retirement Experts Network, will host a free webinar for financial advisors, featuring esteemed financial aid and college planning expert and author Mark Kantrowitz on Thursday, November 17, 2016 from 4:00 to 5:00 PM ET. Mr. Kantrowitz, who has been quoted in more than 10,000 newspaper and magazine articles and is the author of four bestselling books about scholarships and financial aid, will discuss the significance of the U.S. Department of Education’s (“U.S. ED”) decision to move up the Free Application for Federal Student Aid (FAFSA) submission date and what it means for applicants. Those interested in participating in the webinar can register by clicking here.

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