Here, Nelson and Larry take you through the basics of the Reverse Mortgage Line of Credit feature and the Credit Line Growth Rate. (It's NOT interest, please STOP calling it interest!) They will show you how to explain these features correctly. They also discuss Consumer Protection features for your Seniors, and they segway a little into a warning regarding selling interest-only ARMS to Seniors. Listen up here! This podcast is part of a series of educational messages written and produced by Nelson A.Locke, a Reverse Mortgage Expert and Association Executive. He is also the CEO of Value Financial - America's Senior, who sponsors all the costs associated with providing this information to you. Value has a great correspondent program, especially for "newbies". They can be reached at (800) 760-5363. These podcasts are also available on iTunes Tm.

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