More than 1,000 reverse mortgage consultants have now been officially accredited across Australia, according to SEQUAL, the peak industry group representing reverse mortgage lenders.
“Retirees’ demand for reverse mortgages is growing rapidly alongside our ageing population,” said SEQUAL’s Head of Education, Kevin Conlon, who was appointed in 2007 to spearhead the initiative.
“SEQUAL is committed to ensuring seniors have access to accurate information on reverse mortgages and retirement financial planning. In just one year, SEQUAL’s education courses have created a geographically diverse network of trained reverse mortgage professionals on whom seniors can rely,” he says.
‘It is encouraging that brokers and planners are active participants in the program. It is critical that these parties combine their skills in the best interests of seniors,” says Conlon.
“SEQUAL’s Reverse Mortgage Consultant (RMC) designation allows retirees to easily identify market practitioners who have the skills to be considered a trusted source of reliable information. Accreditation is a badge of quality.”
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