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Reverse Mortgage 101 300 CourseCatalog/images/new.gif

Do you wonder if your savings and retirement portfolio will last through retirement? If you answer is maybe, you owe it to yourself to explore financial options that can help you maintain your cash flow. This seminare will provide a basic understand of the Reverse Mortgage as a cash flow option in retirement. The material will focus on the Home Equity Conversion Mortgage or (HECM) because HECMs represent 99% of all current reverse mortgages. You are encouraged to write down and bring your questions to class. Topics will included, but not limited to: 1) What is a reverse mortgage and how it differs from othe home equity loans? 2) How safe are reverse mortgages? 3) How much of the home's equity can be converted into cash? 4) How is the cash disbursed and does it affect taxes or other senior benefits.

Sessions:  1
Date:  3/6/2019
Meeting Time:  Wednesday 6:00 PM - 7:30 PM
Location:  Conard High School Room 174
Instructor:  Mike Sloan
Fees: 
$29.00   (Class Fee)
Discounts & Other Fees:
$10 Resident Discount
Note: Class has been CANCELED
Life Learn West Hartford Continuing Education

50 South Main Street
West Hartford, CT 06107-2447

Phone: 860 561-6900
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