Fort Bend County Libraries will present a special program, “Demystifying the Reverse Mortgage,” on Saturday, October 21, from 10:30 to 11:30 a.m., in the Meeting Room at the Cinco Ranch Branch Library, 2620 Commercial Center Blvd in Katy.
Brad Levinton of Georgetown Mortgage will explain the concept of reverse mortgages – a form of home-equity loan in which one exchanges a portion of one’s home equity for cash and the lender records a lien against the property. Those attending this program will get a better understanding of the pros and cons of a reverse mortgage.
Refreshments for the program are provided through the generous support of the Friends of the Cinco Ranch Branch Library.
The program is free and open to the public. For more information, call the Cinco Ranch Branch Library at 281-395-1311 or the library system’s Public Information Office at 281-633-4734.