Mike Savenelli of BCI Mortgage Financial in Cheshire will present a workshop designed to help participants understand the ins and outs of reverse mortgages at the Hamden Public Library on Thursday, June 19 at 1 p.m. This is an educational workshop designed to help people decide if the reverse mortgage is a viable option in their personal financial planning.Reverse mortgages are government insured loans and can that can turn home equity into tax-free income. The equity can be used as a supplement to social security or pension, to pay for healthcare expenses, home improvement or to pay off current debts including a first mortgage.
The program, which will be held in the Friends Room , is free and open to the public. Registration is required. Please call the library information desk at 203-287-2680 to register or for further information.