Yesterday, WMA introduced the loan that they have been working on for 2 years to make possible. We would be the first to have it here in the U. S. It has been in Great Britain for over 50 years! Anyway it is an excellent concept and I could certainly do it. You have to be real estate, security and insurance licensed to broker it, which I am. Yesterday in the presentation the presenter asked a question early on in the presentation to see if we were catching on and I was the only one that answered out of 150 people. He said, "Who was that?", and I raised my hand and he said, "Ok, you've already graduated but you can stay and listen with the rest". But the concept is a 30 year interest only loan combined with A VUL. Tax advantage and build up of investment--people who understand money will want it easily--inexperienced and first time buyers will be skeptical.
