Making Sense of Reverse Mortgages
An overview of reverse mortgage loans in plain English without the hype or high-pressure sales pitch. RSVP: (714) 642-8808 or info@reverserescue.org
Presenter will explain key similarities & differences between traditional & reverse mortgages, advantages & disadvantages, as well as how to use a reverse mortgage to:
-Extinguish a traditional (forward) mortgage and/or equity line.
-Receive monthly loan advances that are not considered taxable income.
-Set up a Line of Credit that cannot be reduced, frozen or canceled, so long as you comply with loan terms.
-Extend the life of your retirement portfolio by managing sequence of returns risk.
-Refinance an existing reverse mortgage.
-Finance the purchase of a new primary residence.
-Access hardship grants through the Reverse Mortgage Rescue Fund.
This presentation is Hosted by the Reverse Mortgage Rescue Fund (RMRF) and is open to the public. RMRF is a non-profit, tax-exempt public charity under IRS section 501(c)(3). It is educational in nature only. No products or programs will be pitched or sold.
Presenter will explain key similarities & differences between traditional & reverse mortgages, advantages & disadvantages, as well as how to use a reverse mortgage to:
-Extinguish a traditional (forward) mortgage and/or equity line.
-Receive monthly loan advances that are not considered taxable income.
-Set up a Line of Credit that cannot be reduced, frozen or canceled, so long as you comply with loan terms.
-Extend the life of your retirement portfolio by managing sequence of returns risk.
-Refinance an existing reverse mortgage.
-Finance the purchase of a new primary residence.
-Access hardship grants through the Reverse Mortgage Rescue Fund.
This presentation is Hosted by the Reverse Mortgage Rescue Fund (RMRF) and is open to the public. RMRF is a non-profit, tax-exempt public charity under IRS section 501(c)(3). It is educational in nature only. No products or programs will be pitched or sold.
What is a Home Equity Conversion Mortgage (AKA Reverse Mortgage or HECM)?
Frequently Asked Questions
Reversing the Conventional Wisdom
Reverse Mortgage Calculator
Frequently Asked Questions
Reversing the Conventional Wisdom
Reverse Mortgage Calculator
