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M&T Hamburg Branch to hold reverse mortgage day for seniors

M&T Bank will sponsor a reverse mortgage day for senior homeowners on Friday, May 3. The event will be held at M&T’s Hamburg Branch located at 6000 South Park Avenue. Appointments are available between 9 a.m. and 3 p.m. Seniors interested in learning more about reverse mortgages are encouraged to make a reservation by calling 649-8401.

Several topics will be addressed including:

· How a reverse mortgage works

· Dispelling common misconceptions

· How proceeds can be used

· How senior homeowners can supplement retirement income without having to make monthly payments.

An M&T reverse mortgage specialist will be available to answer questions in a private, one-on-one setting. A limited number of appointments are available.

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