Understanding Reverse Mortgages

Reverse mortgages are available for homeowners who are age 62 + who would like to utilize a portion of their home equity to increase their income and cash flow without having to make a required monthly repayment. They are modernized HUD/FHA government insured loans with numerous consumer safeguards in place. You will learn the best way to maximize their benefits, the pros and cons, eligibility, options for receiving the funds and how a reverse mortgage may help to boost and secure finances while living on a fixed income. Your instructor will send you a zoom link within a day before the class meeting. Pre-registration is required.

Refund Policy: “Requests for a refund on a fee-based class not canceled by the college must be made at least five (5) working days prior to the beginning of the class. No refunds can be made on requests made after that date. A $5 per person processing fee will be retained on all refunds unless the class is canceled or meeting times are changed by the college.”

Host or Publisher Community Education at Napa Valley College