Reverse Mortgages

04 Jan

Reverse Mortgages ("F")

Reverse Mortgages ("F")

Friday, January 4, 2019 (4:15 PM to 5:45 PM)
1.5 Hrs "F" CE Hours
Coastal Training Center, Berlin, Maryland

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The Reverse Mortgage class is an introduction to the federally insured Home Equity Conversion Mortgage (HECM) Program.  The course provides attendees with an in depth explanation and understanding of how the Reverse Mortgage operates and who qualifies.  Some of the topics covered include payment options, borrower obligations, settlement costs and interest rates.  In addition, the class provides up to date information on major changes FHA has made to the program, including income and credit qualification and the Reverse Mortgage for Purchase.  This course (#219-0705) has been approved by the MREC for 1.5 hrs in elective credit ("F").  $20/Members  $35/Non-members

Coastal Training Center - Training Center
Coastal Training Center (Training Center)
314 Franklin Avenue
Suite 106
Berlin, MD 21811

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Eric Rittmeyer
Eric Rittmeyer is a veteran of the United States Marine Corps. He founded Fidelis Mortgage in 2006. In 2010, he was the first person in the United States to obtain the designation of Certified Reverse Mortgage Professional (CRMP). Eric speaks regularly at just about all the Realtor® Associations in Maryland, educating real estate agents on the Reverse Mortgage for Purchase program.

A written request must be received at least three (3) days prior to the session date, cancelling attendance and requesting a credit for future sessions.
•    Notice given less than three (3) days prior to session date, no credit will be issued.
•    No refunds or vouchers will be issued for no shows.
•    Full refund will be given for classes rescheduled by the Association.
•    No-Shows for free classes will be invoiced the normal tuition for the class ($35 for 3-hour session and  $20 for 1.5-hour session) after the class date if the cancellation policy is not followed.