As a trusted advisor, your clients in Florida have come to rely upon your advice regarding financial issues affecting their daily lives and long term goals.

There are many myths today about reverse mortgage products and services. For this reason our organization is currently educating and working with other financial professionals such as: CPA’s, Estate Attorneys, Financial Planners, Insurance Agents, Credit Unions and Banks, to dispel the myths and set the record straight.

It will help you to better assist your Clients.

We offer several reverse mortgage Plans for seniors 62 and older to access the equity in their homes, tax-free. (Seniors are always encouraged to speak to their tax advisors.)

The homeowner makes NO monthly mortgage payments until they no longer occupy the home as a principal residence. 

Please be aware that last month FHA gave the green light for lenders to do Fiancial and Credit Assesment for Reverse Mortgage Borrowers. The "no income, no credit qualification" will be dead. This will limit greatly the market that might be able to obtain a Reverse Mortgage to improve their quality of living. I will comment more on this matter shortly. As of today only 1 Lender has started this practice, but other major lenders might follow suit.

This is a Non-Recourse loan to them or their heirs. If the home is sold any equity is theirs. They would never have to pay more than the value of the home.

While this should NOT be the main purpose to get a Reverse, it could also provide capital for financial opportunities such as:

* Long-term Care expenses
* Supplemental Monthly Income
* Grandchildren’s College Education
* Estate Expenses
* Charitable Giving
* Medical Expenses
* Line of Credit
* Funding Trusts
* Insurance Products
* Avoid selling other assets

Learn more at

 http://HappySeniorHomeOwners.com/FinancialPlanners 

Read Financial-Planning.com Nov 1, 2011 article on reverse motgages as a tool for fiancial planning at http://HappySeniorHomeOwners.com/FinancialPlanningArticleNov12011

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Your comments will be appreciated. Post here or send them to RodKohly@Gmail.com   *   For most answers call me at 786-262-6486  or visit http://HappySeniorHomeOwners.com   (English-Español).   To tell a friend visit  http://www.happyseniorhomeowners.com/tellfriend.aspx