Who Uses Reverse Mortgages And Optimal Uses Of Them (January 12, 2024)
Pair this webinar content with the What Issues Should I Consider When Using A Reverse Mortgage? checklist to get the conversation started.
Presented by Dan Williams and Todd Swanson, C2 Financial Corp.
Friday, January 12, 2024 at 12:00 PM ET
This webinar featured reverse mortgage experts, Dan Williams and Todd Swanson, providing an update on the most popular type of reverse mortgage, i.e. FHA-insured Home Equity Conversion Mortgage (HECM"). There also was an update on Jumbo reverse mortgages, which can be an option for clients with multi-million homes in 27 states.
Several uses case were reviewed, to include examples of how a reverse mortgage can be used to lower a client's tax bill, especially those making withdrawals from their qualified accounts and how a reverse mortgage can be used to pay for the income taxes that result from a Roth conversion.
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