American C.E. Institute, LLC Information

An Education Platform Dedicated to the Reverse Mortgage: A Product Whose Time Has Come…. Long considered a needs based “product of last resort” the reverse mortgage has come of age. It has evolved… Record breaking low rates of returns on CD’s, annuities and savings combined with losses taken by most seniors in their portfolios in recent years has played havoc with literally millions of seniors retirement plans. Suddenly, retirement isn’t exactly what they thought it would be… This combined with medical breakthroughs and modern science giving us all greater life spans demands that home equity be taken into consideration when establishing a comprehensive retirement plan. The reverse mortgage can and should be considered as a viable option, that one component, of that comprehensive retirement plan! Whether it is a traditional reverse mortgage to totally eliminate their present mortgage payment, or the reverse mortgage line of credit to act as a short term solution for reduced monthly income, (Due to those low rates of return), or the now very popular “Stand By” reverse mortgage that is being utilized to solve temporary cash flow issues without having to liquidate current holdings at a loss. Or is it the purchase reverse mortgage, also known as the HECM Purchase or H4P? A product specifically designed for clients 62 years of age and above to purchase their dream retirement home, maintain more liquidity and still achieve the goal of no monthly mortgage payment during their retirement years.