HECM Reverse Mortgages - 20095

Learn about the most recent legislative changes to reverse mortgages and what impact they will have. What are the pros and cons are to getting a reverse mortgage and which homeowners can benefit most from them?

NY: 2.0 Skills
NJ: 2.0 General (Estate Planning)
CA: 1.5 General
PA: 1.5 General (To obtain PA credit, you must send your PA bar registration number to info@marinolegal.com upon completion of the course)

Faculty: Alfie Schloss

Alfie Schloss  is a Licensed Home Equity Conversion Mortgage (HECM) Loan Originator with US Mortgage Corporation NMLS . Alfie has been exclusively originating HECM Loans for over ten years and is acknowledged as an expert in the field. He has lectured extensively about the HECM program, notably for Marino Institute, The New York County Lawyer’s Association, and The Rockland County Bar Association, to name a few, and is the National HECM Educator for US Mortgage Corp. instructing the company’s Loan Originators in 46 States on the intricacies and nuances of HECM loans. He was previously employed by Wells Fargo Home Mortgage, MetLife Home Loans, Associated Mortgage Bankers, and Senior Security Advisors. Since 2004, he has originated hundreds of HECM Loans. Alfie maintains that HECM Loans are not for everyone and believes that they should be done only when the borrowers will be the beneficiaries of an improvement to their quality of life as a result. He also believes that borrowers should include their children and other trusted advisors in the decision making process. Alfie is a member of the FPA and serves on the programming and membership committees of the FPA Greater Hudson Valley Chapter. Alfie has been exclusively originating reverse mortgage loans since 2004. He derives great pleasure from helping elder home owners access some of their home equity to enable them to age in the place during retirement. Alfie’s mantra is “Quality Of Life Is What It’s All About”.