The Best Reverse Mortgages

The Home Equity Conversion Mortgage (HECM), aka reverse mortgage, is beginning to play more of a role in retirement planning.  The reverse mortgage and retirement planning industries have opened the lines of communication with one another in order to understand how the two can work together.  Through the years, the pillars of U.S. retirement income have been known to be comprised of the following:  Social Security, employment-based plans (i.e. pensions), personal financial assets and continuing to work.  Recently, the Department of Labor expanded the fiduciary responsibility of financial advisers under the ERISA act to ensure that financial advisers present all options that are in the best interest of their clients.  Home equity continues to be one of the biggest assets people have, and therefore is one of the options that needs to be considered.  One of the drawbacks of home equity is that it's tied to real estate and lacks in liquidity, which is where a reverse mortgage comes in

Rick R. Rodriguez obtained the designation of being a Certified Reverse Mortgage Professional (CRMP) on February 1, 2016.  A CRMP is a demonstration of a professional's dedication and commitment to reverse mortgages, as well as an indicator of their level of experience in the industry.  Rick has demonstrated a superior knowledge and competency in the area of reverse mortgages, has agreed to uphold the highest ethical and professional standards and is therefore entitled to us the name Certified Reverse Mortgage Professional and the CRMP designation.  As of the date of this posting, Rick is only 1 of 119 individuals nationwide who have earned the CRMP status, and he is the only CRMP in Southern Nevada. For more information on reverse mortgages and other related topics contact: Rick R. Rodriguez Certified Reverse Mortgage Professional, CRMP NMLS# 473353 Toll Free (877) 500-0454 Local (702) 460-6222