What is a Reverse Mortgage? Is it more than a loan program for those who are "house-rich, but cash poor"? How does the "non-recourse feature" protect homeowners and their heirs? Can the available line-of-credit and its growth rate be used for insurance and financial planning purposes? This book answers these questions and many more in a user-friendly way, and may be the most comprehensive educational tool available on the New Reverse Mortgage. It should be read by baby boomers, retirees, older adults with mortgages, heirs, financial planners, housing counselors, HECM counselors, Realtors, brokers, financial journalists, mortgage professionals, estate planners, and of course all homeowners who want greater assurance that they can comfortably grow older in their own homes.
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Dan Hultquist is the Vice President of Education and Organizational Development at Live Well Financial. As a Certified Reverse Mortgage Professional (CRMP), and co-chair of the Education Committee for the National Reverse Mortgage Lenders Association (NRMLA), Dan speaks nationally on the topic of Reverse Mortgages. He also teaches continuing education courses that serve as annual requirements for CRMPs. Dan is a Penn State graduate, and obtained an MBA from Kennesaw State University. He lives outside Atlanta with his wife and children.
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