Key facts
- Senior homeowners have significant equity in their homes.
- Lenders are developing strategies to help seniors access this equity.
- The goal is to support seniors' current and future financial needs.
HousingWire Editor in Chief Sarah Wheeler hosted a sponsored discussion with Jonathan Scarpati, Chief Production Officer at Finance of America, and Scott Norman, CEO of the Texas Mortgage Bankers Association. The conversation centered on the substantial home equity held by many senior homeowners and how lenders can assist them in accessing these assets. The participants explored strategies for seniors to tap into their home equity in a manner that supports their present financial requirements and secures their future wealth management.
Discussion