There can be many advantages to a reverse mortgage – a loan for senior homeowners that uses the home’s equity as collateral. But is a reverse mortgage the right financial tool for all older homeowners? AAA Northeast will answer this question and more in a series of upcoming workshops and webinars on the subject.
“They sound enticing on television, but seniors usually have many more questions,” said Deb Imondi, Vice President, Financial Services for AAA Northeast. “That’s why AAA is holding a series of informational workshops around southern New England,” she added.
Well known for automotive road service, AAA Northeast is also a leader in financial services, offering automotive loans and regular mortgages at very competitive rates.
“We are happy to answer any and all of your questions,” said Imondi. “We will work with you and your own individual situation to determine if a reverse mortgage is right for you,” she said.
The Warwick seminar will be held September 22 at 115 Centerville Road, Warwick from 6 to 8 p.m. Online webinars will also be held on September 14 and October 3rd from 1 to 2 p.m. For more information or to sign up for the webinar or workshop, visit www.southernnewengland.aaa.com/financial/financial-services-seminars-and-webinars or stop in to any AAA location.
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