Event Information:
Date: February 5th, 2024
Time: 12:00 PM
Location: Virtual - Webinar log in details will be sent after registering
Stephen Pepe
Stephen R. Pepe, NMLS# 485943 is a Reverse Mortgage Consultant based in Milford, MA. He earned his JD from Suffolk University Law School in 1998 and, in 2006, pivoted his career to originating reverse mortgages. Steve is a former AARP Foundation-certified reverse mortgage counselor and an active member of various professional associations and bar associations. Steve is a frequent contributor in print, radio, and television, as well as a CLE lecturer on the topic of reverse mortgages.
Join Steve as he reviews the basic features of the FHA-insured Home Equity Conversion Mortgage (HECM) and demonstrates six scenarios where monetizing home equity through a HECM can be an effective solution for homeowners aged 62+. Those scenarios include:
- Improving liquidity
- Paying off other consumer debt like mortgages, home equity loans, and credit cards
- Planning for changing healthcare needs
- Mitigating sequence of return risk
- Grey divorce
- Purchasing a new home