Reverse Mortgage Lunch & Learn
Or call/text 203.526.9345
If you or someone you know are 62 or older, a reverse mortgage may be the perfect loan to help you buy a new home or refinance your current home!
Join us to learn about the benefits of a reverse mortgage:
March 22nd at 12 PM
Greater Bridgeport Board of Realtors
843 White Plains Road
Trumbull, CT 06611
- Unlock your home equity
- Live mortgage free
- Retain homeownership
- Pay off your debt
- Fund long-term care
- Use a reverse mortgage for purchase to buy a new home with no cash to close and no mortgage payments!
Meet the team:
Or call/text 203.526.9345
What Is A Reverse Mortgage?
A reverse mortgage enables homeowners 55 or older who are close to paying off their mortgage or own their home outright to take out a loan against the value of their home while they’re living in it.
Loan proceeds can be paid out in a lump sum at closing, monthly payments over time, or in a line of credit.
And during the loan period, the homeowner no longer makes mortgage payments. Instead, when the homeowner passes away, moves, or sells the house, the reverse mortgage loan principal and interest are due.
