This Week on Sage Aging

This week we talk about Home Equity Conversion Mortgages (HECM). Also referred to as a Reverse Mortgage, this type of loan can be a good option for some who find themselves falling short. 

My Guest

My guest this week is Jane Hammond, a licensed Mortgage Loan Officer at Compass Mortgage in Lakeland, FL. What makes Jane uniquely qualified for this conversation is her years spent serving older adults in the nonprofit world. She understands the needs of older adults and their families and she's spent so much of her life advocating for them. 

Links & resources

• About/Contact Jane Hammond
• Compass Mortgage
• HUD.gov - How the HECM program works
• IRS FAQ for Senior Taxpayers
• National Council on Aging guide- Use Your Home to Stay at Home

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