Professional Development Online Self-Paced

FHA Home Equity Conversion Mortgages (HECM) ~ E3

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The FHA HECM reverse mortgage program provides seniors the ability to tap into the equity they have built in their home as a supplemental income source. Mortgage professionals need to be aware of the many specific rules and regulations around FHA HECMs so borrowers can be effectively counseled through and beyond loan origination. This course will review and explore key features of the FHA HECM program.

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SKU 4306US00850A00

  • 24/7 access to your course online
  • Certificate of completion
  • Gov't Lending (FHA, VA, USDA)
  • Mortgage Loan Originator

What You'll Learn

  • Describe FHA HECMs and the specific role they fill in the lending marketplace
  • Discuss underwriting guidelines specific to FHA HECMs
  • Explain the product options available under the FHA HECM program, including their features and restrictions

How it Works

This is an online self-paced course that allows you to study the course material independently and at your convenience. Access to a computer with internet access is required. This course is supported on most computing devices, including desktop and laptop computers, tablets and cell phones.


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