Real Estate Academy

Buy with a Reverse: How Reverse Mortgages Can Help Clients Purchase Homes

COURSE SUMMARY

This course provides a comprehensive overview of reverse mortgages used for home purchases, with a focus on the Home Equity Conversion Mortgage for Purchase (H4P) program. Designed for real estate professionals, financial planners, accountants, and attorneys, the course explains how H4P can serve as a strategic financing option for senior homebuyers. Participants will review program fundamentals, eligibility requirements, and the step-by-step loan process, while also evaluating the advantages and potential drawbacks for clients. In addition, the course explores practical strategies for identifying and advising prospective clients who may benefit from H4P.

Learning Objectives

By the end of this course, participants will be able to:

  • Define reverse mortgages for purchase (H4P) and explain their purpose
  • Differentiate between traditional reverse mortgages and H4P programs
  • Identify eligibility requirements, including age, property, and financial criteria
  • Outline the H4P process from counseling through loan approval
  • Advise clients on the financial, lifestyle, and family considerations associated with H4P
  • Apply effective strategies to identify and engage potential H4P clients

Real Estate Continuing Education Credits

National Association of State Boards of Accountancy (NASBA)

  • 1.00 Credit Hour
  • Price: $0.00

Preferred Systems, Inc. is registered with NASBA as a sponsor of continuing professional education on the National Registry of CPE Sponsors and has approved this program for 1.0 CPE credit hour (Registry ID: 166883). State boards of accountancy retain final authority on course acceptance. This program qualifies under the field of study: Financial, and is delivered in a Group Live format. Credits are based on a 50-minute hour.

Certified Financial Planner Board of Standards (CFP)

  • 1.00 Credit Hour
  • Price: $0.00

Preferred Systems, Inc. is an approved provider of CFP® continuing education. This program has been approved for 1.0 credit hour (Sponsor ID: 1718, Program ID: 338092).

Real Estate Continuing Education (New York)

  • 1.00 Credit Hour
  • Price: $0.00

This course has been approved by the New York Division of Licensing Services for 1.0 continuing education credit hour (Course Approval: M18266).

Professional Development

  • 1.00 Hour
  • Price: $0.00

This course may also be completed for professional development purposes. Participants will receive a certificate of completion acknowledging enhanced knowledge; however, no continuing education credits will be awarded.

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