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Welcome to “Understanding Reverse Mortgages” – a comprehensive class designed to provide you with an in-depth understanding of the intricacies and benefits of reverse mortgages. Reverse mortgages can be a valuable financial tool for seniors who own their homes and are looking for additional sources of income. This class will cover everything you need to know about reverse mortgages, including how they work, their advantages and disadvantages, and how to decide if a reverse mortgage is right for you. We will explore the various types of reverse mortgages, the eligibility criteria, the costs involved, and the repayment options. By the end of this class, you will have a thorough understanding of reverse mortgages and be better equipped to make informed decisions about your financial future.