3rd Thursday Talks: Using Home Equity to Pay for Care

There's a growing market of home homeowners 62 and over who would like to downsize, up-size or stay in their home that makes the most sense for them in retirement. This course will educate on why you as a social worker should understand how the program is insured by the Federal Housing Administration (FHA) and under the umbrella of the Department of Housing (HUD). And how it be a tool to help with aging in place by offering income during retirement years, supplement Social Security or other income, meet medical expenses, pay for in-home care and make home modifications for accessibility.

Our Speaker

Lee Smith is a Loan Officer and Certified Reverse Mortgage Planner with Fairway Independent Mortgage Corporation with 10+ years in lending. He loves connecting people with the best solution for purchasing or refinancing the home that fits their life. In addition to traditional mortgage solutions, Lee is one of the leading local experts in the largely misunderstood reverse mortgage space. He enjoys educating clients and their important advisors on the real benefits of this option and its many potential uses to improve retirement.

Lee is a native Missourian who enjoys the outdoors in his rural KC home where he does life with his wife and three young children. His Midwest upbringing instilled in him the value of people and relationships. These and other traits, like his transparency and direct conversations, make him the perfect fit to support others in making the best financing decisions for what is most people’s largest asset, their home.

In addition to spending time with his family, Lee is active in his local church and coaches Cross Country for the Kingsville R1 School District.

Host or Publisher Senior Care Solutions Team