Reverse Mortgage Seminar with John Littlefeld

Reverse Mortgage Seminar with John Littlefeld (NMLS ID: 1452250)

Wednesday, December 14, at 1 p.m. in Room 116 on the Lower Level

Take everything you know about qualifying for an ordinary mortgage and toss it out of your favorite window. Reverse mortgages are specialized products created to meet the needs of “house poor” seniors – folks who have plenty of home equity, but not enough cash. Because you aren’t required to make monthly payments, no one cares if your income is sufficient or if your credit is pristine. You simply need to be in the “mature” age bracket – 62 or over, and you should own your home free and clear or have only a small mortgage – one that could be paid off with a reverse home loan. Join us as John Littlefeld, of American Advisors Group (NMLS ID: 1452250), for details on the benefits of reverse mortgages.