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Reverse Mortgages and Adult Protective Services

On Sept. 11th, I was the guest speaker in the Ventura county, CA, Adult Protective Services staff meeting. The goal of my attendance ended up being to educate the staff about Reverse mortgages. They work exclusively with seniors and people adults that are physically or mentally unable to manage themselves and must depend upon others to assist them in certain capacity.

Due to the fact that Reverse loans have raised as reliable supply of money for seniors which are over 62 yrs. old, they deemed who's would be imperative that you know more regarding the loan program and the way it will benefit seniors that they can are in contact with in throughout a full day.

I have already been inside lending industry for 25 years and devoted to Reverse mortgages the very last six of these years. The most important hurdle with marketing them, may be the negative view that most individuals have as a result of incorrect information. Sadly, it hurts the senior community when "trusted" advisors, members of the family and the public normally http://www.criticalsolutionspsg.com believe the senior will miss their house or the heirs do not possess any equity leftover on their behalf.

This really is incorrect and my biggest struggle that I have like a professional during my industry. So, I was very complimented to be invited to become guest speaker at The Adult Protection Services as I viewed it as a fantastic chance to set the record straight about the misconceptions that a majority of people hold regarding the loan.