A growing number of retirees are reaching retirement still owing monthly mortgage payment, and with lower than expected retirement savings, concerned their resources may not survive a 30-year retirement. What many of these Boomers and Seniors do not know is how to use an FHA-insured Home Equity Conversion Mortgage (HECM) —HUD’s revamped version of the former reverse mortgage— to downsize or right-size and create a more robust cash-flow throughout retirement. This NEW REVERSE MORTGAGE can help retirees purchase a newer singe-level home, eliminate monthly mortgage payments, and increase their income producing assets. Bring your friend, your advisor, your neighbor to learn program guidelines and how much money is available.
Presented by: Mary Jo Lafaye, nmls #246222, HECM Reverse Mortgage Specialist and Patricia Tobin, Certified Elder Law Attorney
Hosted by: Tamalpais Union High School District, Community Education
When: Wednesday, April 19 @ 11:00 AM – 1:00 PM
Where: Carlisle Building, Southside Room, 375 Doherty Drive, Larkspur (Located west of Redwood High School, directly in front of football field, green building)
Registration closes Apr. 19th at 12 AM