Put the Gold Back in Your Retirement with a Reverse Mortgage

Manhasset, NY February 6, 2004--Americana Mortgage Group, Inc., a registered mortgage broker in NYS and CT, presents a free workshop on reverse mortgages—a financial tool that is gaining popularity among seniors (age 62+) which enables them to convert the equity in their homes into tax-free income—to use as they wish—without making monthly payments or forfeiting home ownership or title. The workshop will be held Thursday, February 12 at 7:15pm at the Congregational Church of Manhasset, Manhasset, NY.

"Reverse mortgages are being touted as the solution for retired/retiring seniors who have worked hard all their lives only to find that their Golden Years are anything but golden due to lost assets in their retirement portfolio, the lowest interest rates in over 40 years, skyrocketing prescription drug costs and high health insurance premiums," says Bob Moulton, President of Americana Mortgage Group. "This is an option that can help homeowners stay in their homes and take advantage of the hard-earned equity they've built up over the years… yet the reverse mortgage is still very misunderstood."

Americana Mortgage Group in-house Reverse Mortgage Specialist Martin Dekom will address many of the misconceptions of this financial tool and discuss eligibility requirements. The discussion is suitable for homeowners, seniors, financial planners, elder care lawyers, social workers, caretakers. RSVP 516-627-0200 x15.

Americana Mortgage Group is a registered mortgage broker, NY and CT State Banking Departments. Loans arranged through third-party providers.




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