All About Reverse Mortgages

San Jose CA

25 September, 2021

Description

Are you or someone you love thinking about getting a reverse mortgage loan? Before you do, you should understand how they work. They are not for everyone, but for some they can be a life-saver. This class covers everything you need to know about reverse mortgages, including: - Survey of reverse mortgage options, and how to use them - Qualifying for a reverse mortgage - Costs - both up-front and ongoing - Benefits and risks - Alternatives to reverse mortgages - and more The in-person class is hosted by the Campbell Adult Community Education department. You’ll attend one four-hour class on Saturday, September 25th, from 9:00 AM to 1:00 PM. The course fee includes a workbook that you can use to take notes and take home with you. Come ready to learn! For more information or to register, Cut and paste the following into your browser: For specific question you can contact the instructor, Casey Fleming, at Copyright©2021 Fairway Independent Mortgage Corporation (“Fairway”) NMLS#2289. 4750 S. Biltmore Lane, Madison, WI 53718, . All rights reserved. Fairway is not affiliated with any government agencies. These materials are not from HUD or FHA and were not approved by HUD or a government agency. Reverse mortgage borrowers are required to obtain an eligibility certificate by receiving counseling sessions with a HUD-approved agency. The youngest borrower must be at least 62 years old. Monthly reverse mortgage advances may affect eligibility for some other programs. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Equal Housing Opportunity. Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act, License No 41DBO-78367. Licensed by the Department of Financial Protection and Innovation under the California Financing Law, NMLS #2289. Loans made or arranged pursuant to a California Residential Mortgage Lending Act License.