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How to Become A Reverse Mortgage Specialist

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There are many ways to help someone obtain a loan by using the equity they already have in their home. As a reverse mortgage specialist, it is your job to help eligible customers navigate the waters and obtain their monthly stipend. However, you have a couple of options as to how you’ll pursue this career venture.

Broker Option

The first way you can become a reverse mortgage specialist is as a broker. You do not have to broker other home loans. You can specialize in just this one type of finance. Unlike a traditional broker, you may not have to meet as many educational requirements. However, you need to check with your local licensing board. Each area has its own set of regulations governing who can be licensed, how long the license is good for, and what requirements they must complete. You may have to complete a training program prior to applying. In addition, many areas require you to participate in on-the-job training at a brokerage house or to work as a loan officer before processing the license application.

Even if you are required to have the traditional broker training in order to be licensed as a reverse mortgage specialist, you still need additional training. This instruction covers the specifics of a reverse mortgage. You need to learn about repayment requirements and eligibility. In order to receive certification you will have to attend seminars or classes. You may be able to complete some of these educational requirements online at your own pace.

If your area does not require you to have a license or certification to work in this field, you still need to complete as much training as you can. These programs are designed to allow you to offer the best, most accurate service possible to your clients. Training gives you up-to-date information about jurisdictional laws. You also gain important insight into how the process works. You use this information to educate your clients.

Referral Agent

If you don’t want to be the broker on the deal, you can still become a reverse mortgage specialist by becoming a referral agent instead. In this role, you don’t have to process the applications yourself. Instead, you simply guide customers to the right lender. You don’t need any formal training or licensing to be a referral agent. However, you do need to understand the process, so having some relevant educational experience is beneficial. You also need good written and verbal communication skills in order to make your referrals. You should be charismatic and have a personality that makes people want to work with you. If you have sales experience, this is a benefit.

A reverse mortgage specialist is the person who helps qualified homeowners get the money they need without having to sell their homes. A firm understanding of the process and an enthusiastic personality can go a long way to making this a career you enjoy.

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Binance Adds New Crypto Trading Pairs for Its Users

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Binance Adds New Crypto Trading Pairs for Its Users

Binance, the world’s largest crypto exchange platform, is now adding new trading pairs. The users can now trade on these pairs ARPA/RUB, DF/USDT, FET/BUSD, LTC/UAH, SOL/USDC, STX/BUSD and SYS/USDT. Also, the trading pairs activate  at 2021-09-24 10:00 AM (UTC).

Binancians can trade the cryptocurrencies with listed pairs with low transaction fees in the Binance exchange. Besides these trading pairs helps the users to invest their assets on different cryptocurrencies. Additionally, Binance exchange is popular for its low trading costs which is much lower among other U.S exchanges. 

Binance Crypto Trading pairs

At present Binance exchange is trading more than 740 digital currency and fiat pairs including all top cryptocurrencies. The exchange is increasing its network by adding new coins and tokens to satisfy its users. Thus, Binancians are also happy to be a part of the exchange community to explore new trading pairs.

Unlike other U.S cryptocurrency exchanges, Binance ranks highest for its low spot trading fee of 0.1% including eToro and Coinbase. Along with trading, the users can fund their amount with fairly charges. However,  Binance offers its users a seamless trading experience through a variety of crypto assets and trading volume. 

Besides releasing new coins and tokens in the exchange, Binance also adds new trading pairs for its users. Binance currently open trading pairs for crypto assets and fiat currencies like ARPA/RUB, DF/USDT, FET/BUSD, LTC/UAH, SOL/USDC, STX/BUSD & SYS/USDT. In this  RUB and UAH are fiat currencies which do not depict any cryptocurrencies. 

Moreover, from the initial stage to present Binance have added more than 740 trading pairs and continue to increase the pairings enabling its users to trade their favourite coins. Besides, the low trading and transactions fees is the best competitive strategy used by Binance to sustain in the marketplace. 

For more information and updates, please visit:

Website:   https://www.binance.com/en 

Twitter: https://twitter.com/binance 

Telegram:  https://t.me/binanceexchange 

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Cardano Summit Begins Tomorrow, Here’s What You Should Know

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Picture of a Cardano logo with the galaxy behind it

The Cardano summit is scheduled to begin tomorrow, Saturday, September 25th. The summit is scheduled to run for two days, the 25th to the 26th, and promises to be a one-of-a-kind event. Meetups are available in six locations around the world. But the summit will feature both live and virtual events where anyone from around the world can attend. Local groups are also available with community-led events.

Events at the Cardano summit are split by the worlds they fall into. Currently, the summit features seven different worlds in which individuals can choose to participate in. These worlds include Cardano World, Utility, Impact, Governance, Adoption, Catalyst, and Community.

Related Reading | Cardano Founder Charles Hoskinson Says The Term Smart Contracts Needs To Be Changed

The Cardano community is still giddy with the recent launch of smart contracts capability on the network, and with good reason. This summit promises some bigger announcements following this incredible feat. Details of what might be expected from the team are still sparse. So right now, it really is a waiting game as the opening of the summit draws closer.

The partly virtual event features avatars for participants to communicate with one another. While also featuring notable keynote speakers from the crypto space that will speak throughout the two-day summit. In addition to these will be the availability of limited edition NFTs minted on the blockchain to be collected throughout the summit. Founder Charles Hoskinson will provide the live opening keynote across all seven worlds to mark the beginning of the summit.

Hydra 2, DeFi, And The Cardano Network

Cardano recently announced the launch of the Hydra Layer 2 solution that will enable developers to build and deploy their decentralized apps (DApps) in a safe and secure environment. With the launch of Hydra, Hoskinson tweeted that more information will be available about the solution at the summit.

More information about decentralized finance (DeFi) protocols launching on the network, with updates expected from decentralized protocols like Minswap and SundaeSwap, which are both built on the blockchain.

Related Reading | Why Cardano Bull Trend Isn’t Over And 91% Increase Is Imminent, deVere CEO Nigel Green

Founder Charles Hoskinson celebrates how far the blockchain has come up until this point. “The Cardano summit 2021 follows the launch of smart contract capabilities on Cardano, and a remarkable six years of intensive development and perf-reviewed academic research to create a third-generation blockchain platform which is not only eco-friendly but provably secure,” the founder said.

ADA price trending above $2.1 | Source: ADAUSD on TradingView.com

Future exploits by the developer are expected to be announced at the summit. Alongside how the project plans to bridge the gap when it comes to decentralized finance. The summit is open to participants from all around the world and sign-up is free at https://summit.cardano.org/.

Featured image from Beinchain, chart from TradingView.com

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Time Magazine Joins the NFT League in OpenSea!

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Time Magazine Joins the NFT League in OpenSea!