Course Cost $19.00 + Banking Fees at $1.50/Course Hour = $20.50
Should it be required for your license, this online course is designed to meet your 1 hour SAFE Act continuing education elective requirements. You will also need to complete the federal SAFE Act requirements to maintain your license.
1-Hour SAFE Elective CE 2017 Online
For the 1 Hour Elective this year we deep dive into Home Equity Conversion Mortgages (HECMs) formerly known as “Reverse Mortgages.’ This course includes:
- A discussion of adjustable rate mortgages, both forward and reverse
- An explanation of qualifying buyers.
- A look at the advantages of an HECM.
- A consideration of ethical communication around HECMs.
- A conversation about borrower understanding, counseling, and disclosures.
We interview Dan Turner who is a HECM specialist and originates only reverse products. We think this is a very intriguing interview. You will finish the class with a greater appreciation and some tools to use for your own further study.
Meet Your Instructor
Ken Perry is the President and founder of The Knowledge Coop, a training and consulting firm that specializes in mortgage, real estate, and finance education. As a 16 year veteran of the mortgage industry, Ken’s vast interactions training mortgage professionals inspired him to pursue his dream of bringing positive change to the mortgage industry on a much larger scale. The Knowledge Coop is an approved course provider of the National Mortgage Licensing System (NMLS) and brings a unique, not-what-you-expect style of education to its clients by mixing passion and humor with extreme knowledge.