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Image for event: Understanding Reverse Mortgages

Register 18 Seats Remaining

Understanding Reverse Mortgages
2025-03-18 18:30:00 2025-03-18 19:30:00 America/New_York Understanding Reverse Mortgages Learn about reverse mortgages from a Home Equity Retirement Specialist. Kate Waller Barrett Branch Library - Second Floor

Tuesday, March 18
6:30pm - 7:30pm

Add to Calendar 2025-03-18 18:30:00 2025-03-18 19:30:00 America/New_York Understanding Reverse Mortgages Learn about reverse mortgages from a Home Equity Retirement Specialist. Kate Waller Barrett Branch Library - Second Floor

Learn about reverse mortgages from a Home Equity Retirement Specialist.

A reverse mortgage is a federally backed program designed to allow older homeowners (aged 62+) to tap into the equity they have built up in their homes and use those funds as they see fit.  Benefits are based on age, current interest rates and home values.  Any liens on the property must be paid in full from the proceeds of the loan.  Borrowers always retain title to their homes, no monthly principal and interest payments required and all proceeds are tax free.  Loans are due and payable when borrower(s) are no longer living in their homes as a primary residence. Please join us to learn more about this program.

Contact mzimmerman@alexlibraryva.org for more information. 

AGE GROUP: | Seniors | Adults |

EVENT TYPE: | Financial Literacy |

TAGS: | Mortgages | How-To | House | Financial Literacy |

Kate Waller Barrett Branch Library
jcahill@alexlibraryva.org
Phone: 703.746.1703
Fax: 703.746.1708
Hours
Mon, Mar 03 10:00AM to 8:00PM
Tue, Mar 04 10:00AM to 8:00PM
Wed, Mar 05 10:00AM to 8:00PM
Thu, Mar 06 10:00AM to 8:00PM
Fri, Mar 07 10:00AM to 5:00PM
Sat, Mar 08 10:00AM to 5:00PM
Sun, Mar 09 1:00PM to 5:00PM
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About the branch

Parking: No library parking lot.  Street parking is available.  A paid parking lot is available on the 100 block of North Alfred Street. 

Public Transit:

  • Metrorail: Yellow and Blue lines at Braddock Road (1 mile) and King Street Stations (1.1 miles). 
  • Metrobus: 10A/B, 11C
  • DASH Bus: 30, 31, Old Town Circulator
  • King Street Trolley:  King & Columbus

For reasonable disability accommodation, contact jgregorio@alexlibraryva.org or call 703.746.1701 or TTY 703.746.1790.

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This event is full
Baby and Toddler Time - La hora de los bebés y los niños
Tue, Mar 18, 11:00am - 11:40am
First Floor
Fun that's just right for ages 0-23 months. Songs, games, movement activities, and bubbles.
One-On-One Computer Help - at the Barrett Branch
Tue, Mar 18, 5:00pm - 7:00pm
Barrett Library has a volunteer available on Tuesdays to help with computer and technologies use. Appointments are available at 5 PM and 6 PM. Please call 703-746-1721 to schedule an appointment.
Understanding Reverse Mortgages
Tue, Mar 18, 6:30pm - 7:30pm
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Learn about reverse mortgages from a Home Equity Retirement Specialist.
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