Issue link: https://www.ifoldsflip.com/i/1416056
M o v e t o D o m i n i c a n O a k s a n d e x p e r i e n c e l i f e w i t h o u t c o n c e r n f o r l i f e ' s d a i l y c h o r e s . W e p r o v i d e y o u 3 h o m e c o o k e d m e a l s a d a y , w e e k l y h o u s e k e e p i n g , a c c e s s t o a c t i v i t i e s a n d e x e r c i s e c l a s s e s a n d l o c a l t r a n s p o r t a t i o n . S p e n d y o u r t i m e d o i n g w h a t y o u w a n t t o d o a n d n o t w h a t y o u h a v e t o . Lic# 440708773 A part of Dignity Health and Dominican Hospital C A L L U S A T 8 3 1 . 4 6 2 . 6 2 5 7 F O R A S A F E G U I D E D T O U R Elderday Adult Day Health Care Lift Line Senior Center Without Limits Learn more at / Obtenga más información en www.CommunityBridges.org or call/ o llame (831) 688-8840 Day services for adults with complex medical conditions Servicios de dia para adultos con condiciones médicas complejas Transportation to medical appointments Transporte a citas médicas Online classes and workshops Clases y talleres virtuales A Guide for Borrowers with a Home Equity Conversion Mortgage (HECM) By Dan Casagrande After a natural disas- ter you may experience damage to your home, unexpected expenses, and a sudden loss of income . Follow this guide to understand how you can meet your reverse mort- gage obligations while recovering from a natural disaster . Obligation 1: Keeping Your Home in Good Repair If your house was dam- aged by a natural disaster: • File a claim with your insurance company as soon as possible-some policies may require you to file within a certain period after a disaster . • Notify your lender or servicer of the damage by certified mail. Keep a copy of the lett er. • Take pictures or videos of the damage to help with your clai m. Do this be- fore and after any repairs are performed . • Apply for financial as- sistance with the Federal Emergency Management Agency ( FEM A), if your home is in a Presi- dentially-Declared Major Disaster Area (PDM DA). You can find out if you qualify and apply for assistance at, DisasterAssistance.gov or call (800) 621-3362 or (800) 462-7585 (TTY). • Contact your state emer- gency management office to find out what other assistance is available . Go to fema.gov/emergen- cy-managementagencies to locate your state office. Obligation 2: Occupy Your Home as Your Prin- cipal Residence If you cannot live in your home because it was dam- aged by a natural disaster : • Send written notice to your lender or servicer that you plan to return when your home is re- paired . Send your notice by certified mail. • Provide your lender or servicer up-to-date-con- tact information such as a forwarding address , email , and telephone number. Obligation 3: Pay Your Property Charges On Time If you cannot pay your property charges after a natural disaster: • Check with your local tax authority to see if you can delay property tax filing deadlines, pay your taxes in installments, or waive penalty fees . If you enter into one of these options, let your servicer know . • Reach out to Area Agen- cies on Aging (AAA) to find state and local assis- tance programs that may help you pay for missed property charges . To find the nearest AAA, call (800) 677-1116 or visit eldercare.acl.gov. • If you miss a payment, contact your lender or servicer as soon as possible. Your lender or servicer may pay your property charges by using money from your monthly loan payout or line of credit. • If your loan is in default, ask your lender or servicer what options are ava ila ble. See if your lender or servicer has special "hardship " options or repayment plan options for disaster vict ims . • Ask your servicer for an "at-risk extension ." This may help you delay a foreclosure if you are 80 years or older and are experiencing critical circumstances (such as long-term disability or terminal illness). Avoid Home Repair Scams • Beware of contractors going door-to-door . Do not feel pressured into making a decision right away. • Get estimates from sev- eral contractors on what they think the repairs will cost. • Make sure written con- tracts match any verbal promises made. • FEMA can provide additional information on home repair scams and make referrals on where you can report instances of fraud. Mutual of Omaha Mortgage, Inc., NMLS ID 1025894. 3131 Camino Del Rio N1100, San Diego, CA 92108. These materials are not from HUD or FHA and the document was not approved by HUD, FHA or any Government Agency. For licensing information, go to: www.nmlsconsum- eraccess.org Subject to Credit Approval. MOOMR.1120.19 Gl Equal Housing Lender ANSWERS