Past Webinar: Watch on Demand

Thomas Dickson

Wednesday, March 20, 2019 | 4:00 PM — 5:00 PM EDT

Planning Ideas for House Rich, Cash Poor Clients (March 20th)

Presented by:
Thomas Dickson

Planning Support for Financial Advisors

Are you interested in ideas for clients who are house rich and cash poor? Join Tom Dickson for a free webinar to learn more about Reverse Mortgage Funding’s new proprietary product solution, Equity Elite, that can help clients who have millions in home equity and yet are cash poor in retirement.

Tom will share strategies for these clients that can help them avoid capital gains, lower their taxes, eliminate their mortgage payments and possibly provide income-tax-free funds*—all while staying in their home.

Consider this scenario: A 72-year-old client with a $3 million home can access $1,057,708‡ in income-tax-free* funds using RMF’s Equity Elite Reverse Mortgage§. Even if the client has a mortgage of $600,000, they could use Equity Elite to pay off the mortgage and use the remaining $457,708‡ funds to meet their living expenses in retirement.

Please Note: One CE credit will be provided for CFP, RICP, CLU and ChFC designations.

*Not tax advice. Consult a tax professional.

†As with any mortgage, the borrower must meet their loan obligations, which includes keeping current with property taxes, homeowners insurance, and keeping their home in good condition.

‡Shown for illustrative purposes only. Loan amounts vary and are based on multiple factors. Please contact Reverse Mortgage Funding LLC (RMF) for details.

§Equity Elite currently is available only for eligible properties in select states. Please contact your loan originator to see if it is currently available in your state.

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