Downsizing to Increase Retirement Income. A growing number of retirees are reaching retirement still owing monthly mortgage payment, and with lower than expected retirement savings, concerned their resources may not survive a 30-year retirement. What many of these Boomers and Seniors do not know is how to use an FHA-insured Home Equity Conversion Mortgage (HECM) —HUD’s revamped version of the former reverse mortgage— to downsize or right-size and create a more robust cash-flow throughout retirement. This NEW REVERSE MORTGAGE can help retirees purchase a newer single-level home, eliminate monthly mortgage payments, and increase their income producing assets. Bring your friend, your advisor, your neighbor to learn program guidelines and how much money is available.
Mary Jo Lafaye, nmls #246222, HECM Reverse Mortgage Specialist and Patricia Tobin, Certified Elder Law Attorney
Tamalpais Union High School District, Community Education
When: Thursday, Feb 2 @ 11:00 AM – 1:00 PM
Redwood High School, Carlisle Building, Creekside Room, 375 Doherty Drive, Larkspur
(Located west of Redwood High School, directly in front of football field, green building)
Registration closes Feb. 2nd at 12 AM
When: Tuesday, Feb 28 @ 6:00 PM – 8:00 PM
Redwood High School, Room 139, 395 Doherty Drive, Larkspur
Registration closes Feb. 28th at 12 AM
To Register, go to www.marinlearn.com, or if you have questions, please call Mary Jo Lafaye at 415-259 -4979
For a list of Upcoming Events, please visit Mary Jo’s blog:
Synergy One Lending, Inc. dba Retirement Funding Solutions. NMLS ID 1025894. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act - License #4131356. These materials are not from, and were not approved by, HUD or FHA. Mary Jo Lafaye, NMLS ID 246222.