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Reverse Mortgage Opportunities

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Reverse Mortgage Opportunities. You can become a Cash Flow ... approved Reverse Mortgages (This eliminates. testing and mortgage license requirements and fees) ... – PowerPoint PPT presentation

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Title: Reverse Mortgage Opportunities


1
Reverse Mortgage Opportunities
You can become a Cash Flow Planner! 800-524-1774
www.callums.com Email jcountryman_at_callums.com
2
Who is Underwriters Marketing Service?
We are a full service brokerage offering Life,
Annuities, and Long Term Care. We offer
producers the opportunity to participate in both
the Reverse Mortgage and Forward Mortgage
Business.
UMS has been partnering with agents for 23 years.
We are a national organization serving over
3,000 Credit Unions, Banks, Broker Dealers, and
Independent Agents.
3
About Reverse Mortgages
  • A Reverse Mortgage is a non-recourse mortgage
  • The youngest person on the deed must be at
    least 62 years of age
  • The home must be the primary residence
  • The home is not required to be mortgage-free
  • The interest may be paid to receive a tax
    deduction
  • No repayment occurs until death, a move, or
    12 months of vacancy

4
Whats the Bottom Line?
  • You will be a loan officer authorized to place
    HUD approved Reverse Mortgages (This
    eliminates testing and mortgage license
    requirements and fees).
  • E O protection on mortgages is provided
  • You are thereby able to receive compensation
    legally and above board not as a questionable
    referral or administrative fee.
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