In a Nigerian economy where most properties are mortgage free, Reverse Mortgage becomes a more appropriate financial product to market. This will have direct effect on the liquidity of the economy.
COURSE OBJECTIVE
At the end of the program, participants will understand how Reverse Mortgages work as well as their implications.
They will understand the appropriateness of a Reverse Mortgage for their professional, personal and financial situations and of course possible financial alternatives to Reverse Mortgage.
COURSE CONTENT
- Features of a Reverse Mortgage
- Client needs and circumstances – An Overview
- Client Responsibilities under a Reverse Mortgage
- Costs to obtain a Reverse Mortgage
- Financial/Tax implications of a Reverse Mortgage
- Financial or social service alternatives to a Reverse Mortgage
- Warnings about potential Reverse Mortgage/Insurance Fraud Schemes and elder abuse.
Delivery Methodology
The Course will be delivered through Lectures, Group Discussions, Case studies through our First Class Resource Personnel.
Who Should Attend
- Real Estate Investors/ Developers
- Mortgage Bankers and Brokers
- Financial Institutions
- Primary Mortgage Institutions
- Federal & State Ministry of Lands, Housing & Urban Development
- Loan Administrators
- Housing Corporations
Mode of Assessment for Certification: 100% Attendance
Duration of Course: Three (3) Days Program
Date: To be determined
Venue of Program / Course: Lagos, Sheraton Hotel & Towers, Lagos.
Program / Course Fee: N150,000.00
Program Coordinator: Prince (Dr.) Ade Akinfolurin / Alh Salisu Ibrahim
Telephone Contact: +234 909 539 0986, +234 803 458 1997, +234 909 539 1050
Email: info@moreacademy.org