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Reverse Mortgages and Adult Protective Services

On Sept. 11th, I was the guest speaker at the Ventura county, CA, Adult Protective Services staff meeting. The purpose of my attendance ended up being to educate employees about Reverse mortgages. They work exclusively with seniors and the ones adults who will be physically or mentally can not look after themselves and must depend upon others to enable them to in a few capacity.

Because of the fact that Reverse loans have become as reliable way to obtain money for seniors which can be over 62 years, they believed who's would be important to find out more in regards to the loan program and the way it might benefit seniors which they are in contact with in during the course of a full day.

I have been previously inside the lending niche for Two-and-a-half decades and dedicated to Reverse mortgages the very last six of these years. The largest hurdle with marketing them, may be the negative view that a lot of people have because of incorrect information. Sadly, it hurts the senior community when "trusted" advisors, members of the family as well as the public normally [http://protectiveservicesgroup.weebly.com/index.html Read More] believe that the senior will forfeit their home or even the heirs do not possess any equity leftover for them.

This really is incorrect and my biggest struggle which i have being a professional during my industry. So, I had been very complimented to be invited to be a guest speaker at The Adult Protection Services when i viewed becoming an excellent opportunity to set the record straight about the misconceptions that a lot of people hold concerning the loan.