Reverse Mortgage Facts for Riverside & Inland Empire Homeowners 62+

Free webinar for Inland Empire homeowners 62+: the facts on using home equity for retirement cash flow.

Free · About 45 minutes · Live online · Tue & Thu, 10:30 AM PT. Join from your phone, tablet or computer.

Inland Empire homeowners have watched their home values grow for years. If you're 62 or older, that equity may be able to support your retirement while you stay right where you are.

In this free 45-minute live webinar, mortgage banker Ace Ausar walks through how a reverse mortgage (HECM) actually works, plainly and without a sales pitch. You'll get the facts first, then decide for yourself.

What we'll cover:

• How homeowners in other countries use their homes as a "housing pension"
• The common myths, and what's actually true
• How you keep your home and the title stays in your name
• Lump sum, monthly payments, or a line of credit: how each option works
• Who qualifies, who benefits most, and five reasons it may not be a good fit
• What it costs, including upfront costs and mortgage insurance
• What happens for your spouse and your heirs
• Questions to bring to your CPA or estate attorney

Who it's for: homeowners 62 and older, and adult children helping a parent plan. Bring your questions; there's live Q&A at the end.

About your host: Ace Ausar is a Mortgage Banker & Senior Loan Advisor and founder of The Mortgage Advisory, Inc., with 25+ years in real estate and mortgage lending.

This is an educational event. Attending does not obligate you to apply for a loan.

The Mortgage Advisory, Inc. · NMLS #1549739 · Equal Housing Opportunity. Licensed in CA, TX, FL and CO. Borrowers must occupy the home as their primary residence and continue to pay property taxes, homeowners insurance and maintenance. The loan balance grows over time and becomes due when the last borrower no longer lives in the home. Not all borrowers will qualify. This material is not from HUD or FHA and was not approved by HUD or a government agency. Consult a tax advisor about your situation.