Description
Thinking about how to make your home equity work for your retirement? Join this straightforward, no-pressure session on reverse mortgages. Refreshments will be provided.
Topics covered:
- How a reverse mortgage works and who qualifies
- Ways homeowners use the funds, such as supplementing retirement income, home renovations, or helping family
- Payment options, including no required monthly mortgage payments
- Costs, interest, and how the balance grows over time
- When the loan is repaid, and what it means for you and your heirs
- Alternatives to consider
- Common myths