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Image for event: Understanding Reverse Mortgages

Register 19 Seats Remaining

Understanding Reverse Mortgages
2025-03-27 11:00:00 2025-03-27 12:00:00 America/New_York Understanding Reverse Mortgages Learn about reverse mortgages from a Home Equity Retirement Specialist. Kate Waller Barrett Branch Library - Second Floor

Thursday, March 27
11:00am - 12:00pm

Add to Calendar 2025-03-27 11:00:00 2025-03-27 12:00:00 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 17 10:00AM to 8:00PM
Tue, Mar 18 10:00AM to 8:00PM
Wed, Mar 19 10:00AM to 8:00PM
Thu, Mar 20 10:00AM to 8:00PM
Fri, Mar 21 10:00AM to 5:00PM
Sat, Mar 22 10:00AM to 5:00PM
Sun, Mar 23 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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Learn about reverse mortgages from a Home Equity Retirement Specialist.
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