The Vacaville Public Library-Cultural Center on Monday will host a free special program for seniors who would like to learn more about Home Equity Conversion Mortgages (HECM). The program begins at 10:30 a.m. at the library, 1020 Ulatis Drive. HECM, or reverse mortgage, counseling and information will be provided to senior citizen homeowners. Reverse mortgages may help seniors who have seen their monthly cash flow deteriorate over the past year. Reverse mortgage is a method whereby a homeowner may receive regularly scheduled payments, a lump sum, or establish a line of credit based on home equity.

Full story: thereporter.com