As a tax professional, you know better than anyone how to improve your clients’ financial security. You may not have considered using a reverse mortgage as a way to strengthen your client’s financial plan. Yet,12% of clients surveyed say they used a reverse mortgage based on advice from their tax professional.
Over one million Americans have used reverse mortgages to strengthen their retirement plans, including a growing number of affluent clients. Some of your clients may benefit from the unique features of a reverse mortgage, like a credit line that grows regardless of changes in home value. This credit line may provide a valuable financial safety net for clients that need assistance with their expenses.
Registering as a licensed loan officer gives you the ability to collect commissions when clients act on your recommendation to use a reverse mortgage.
Join Richard Thorpe and Tom Dickson of Reverse Mortgage Funding (“RMF”) in this webinar as they share examples of how reverse mortgages have become a mainstream financial tool and discover how RMF how others professionals have become a reverse mortgage loan officer while retaining their tax clients.
Understand how to utilize reverse mortgages in retirement planning.
Gain an understanding of the requirements to become a licensed loan officer.
Tom Dickson is the National Leader of the Financial Advisor Channel at Reverse Mortgage Funding LLC (RMF). He directs RMF’s efforts to educate financial advisors on the new case for reverse mortgages and their use in strategy planning in retirement. Mr. Dickson is also responsible for managing RMF’s “Retirement Experts Network,” an online educational platform designed to help financial advisors learn more about important retirement issues. His monthly webinar series has educated over 45,000 advisors nationally on important retirement topics. Prior to joining RMF, Mr. Dickson was part of the MetLife Bank team that secured funding to support the academic research conducted by Harold Evensky and John Salter, which evaluated the use of a reverse mortgage as a strategic planning tool. Before joining MetLife Bank, he led sales for the launch of a financial advisor portal backed by Fidelity, Putnam and Franklin Templeton, which grew to over 120,000 registered users. During his extensive career working with financial advisors, he has held Series 6 and 65 securities licenses, helped launch some of the first online brokers and non-proprietary wrap programs and served as Product Manager for Mellon’s Institutional Custody business. In addition to hosting a variety of professional development presentations by speakers who are experts in their respective fields, RetirementExpertsNetwork.com offers members free access to an array of scholarly and topical resources on important financial subjects including Social Security, reverse mortgages, student financial aid and college planning, Medicare, divorce planning and more. Most webinars will typically offer continuing education (CE) credits to advisors who hold the CFP® designation. Visit RetirementExpertsNetwork.com to learn more about webinars and expert resources.
Richard Thorpe is the National Sales Leader at Reverse Mortgage Funding LLC (RMF). He has 24 years of experience in the mortgage industry, with the last 10 in the reverse mortgage area. His main focus at RMF is Distributed Retail, one of several key channel strategies for the company this year.