Reverse Mortgages

Reverse Mortgages
Event Date and Time: 
Thursday, October 24, 2019 - 12:15 to 13:15
Terry Bivins, Federal Savings Bank


Terry R. Bivins, HECM Senior Vice President at The Federal Savings Bank will be discussing “When Should You Consider a Home Equity Conversion Mortgage”.

For years, reverse mortgages were only considered as the loan of last resort. Today reverse mortgages are being considered to dramatically improve the success of retirement plans.

He will discuss using a reverse mortgage to:

  • Supplement Social Security
  • Create a Line of Credit
  • Refinance conventional mortgages with a HECM
  • How to use a HECM to purchase a home
He will also demonstrate the software used to determine loan amounts.


CLE Credit

  • This seminar is worth 1.00 hours of General MCLE credit.
  • To request MCLE credit for viewing this seminar in its entirety fill out this form.


If you have any questions about the content of this seminar, you may contact Jessica Engle at