Retirement HECM Component Strategies, Seller Concessions/H4P With Realtors and IRA Versus HECM Spend Down With Financial Planners Discussion
Did you know there is significant interest in the HECM being focused by Realtors and Financial Planners? Seller Concessions are now permitted for HECMS!
Whether moving inventory or supporting the purchase of multi-unit primary residence properties for additional cashflow – senior realtor inquiries are definitely increasing. Also, don’t rule out the benefit extinguishing existing mortgage debt on today’s senior primary residences opening the door for interaction with financial planners. The additional property cashflow from a HECM refi may provide for a life altering retirement strategy when seeking to work with financial planners. Get ready for some new networking resources and discussion talking points to help you find eligible Seniors for the HECM product. Consider what is better for your senior – spending their IRA first or using HECM proceeds.