Loading....
A home equity conversion mortgage (HECM) is a type of reverse mortgage insured by the Federal Housing Administration that allows seniors to convert the equity in their home to cash. These reverse mortgages are increasing in popularity with senior homeowners who want to supplement their income. Join us to learn more about the pros and cons of these reverse mortgages, taxes and other costs involved in the process, and what happens when the homeowner passes away.
Brought in partnership with DRN.
Registration: $150
Scholarships: Housing Action Illinois offers a limited number of training scholarships for housing counselors who work for HUD-approved agencies. Learn more and apply here »
What You Should Know About Home Equity Conversion Mortgage (HECM)
March 19, 20 and 21
What You Should Know About Home Equity Conversion Mortgage (HECM)
March 19, 20 and 21
What You Should Know About Home Equity Conversion Mortgage (HECM)
March 19, 20 and 21
We look forward to having you join us for What You Should Know About Home Equity Conversion Mortgage (HECM).
You will receive a confirmation email with a link to join the training via Zoom. If you have any questions, contact Bibian Cristino at bibian@housingactionil.org.
If you don't see the confirmation email, please check your junk or spam folder and add bibian@housingactionil.org to your safe sender list.