In this online session, we will explore reverse mortgages, also known as Home Equity Conversion Mortgages (HECMs). Reverse mortgages offer a unique financial tool for homeowners aged 62 and older, allowing them to convert a portion of their home equity into cash without the burden of monthly mortgage payments. In this online class, we'll delve into the fundamentals of reverse mortgages, including how they work, eligibility requirements, potential benefits and drawbacks, and important considerations to keep in mind. Whether you're a homeowner considering a reverse mortgage or simply interested in learning more about this financial option, for yourself or your family members, this class will provide valuable insights and knowledge to help you make informed decisions about your financial future. Let's dive in!
