Faculty Publications

Title

Spotlight: Knowing Our Product and Selling It Right

Document Type

Article

Publication Date

11-2016

Abstract

Torrey Larsen’s Home Equity Retirement team at Retirement Funding Solutions recently went through the discipline of learning how to calculate the growth on a HECM loan balance, as well as the future value of a HECM line of credit. Encouraged by how illuminating the exercise was, they moved on to determine both term and tenure payments from any given net principal limit.