Old Plank Trail Community Bank Hosts Reverse Mortgage Seminar

New Lenox, IL – March 26, 2013

Old Plank Trail Community Bank will be hosting a Reverse Mortgage Seminar on Tuesday, April 16, 2013 at 10:00 a.m. The seminar will take place at their New Lenox location, located at 280 Veterans Parkway, New Lenox, IL 60451.

The reverse mortgage program has undergone some dramatic changes for the better. The loans are federally insured and allow individuals ages 62 and older to access the equity in their home tax free and without having to make monthly payments. More importantly, the program now has a choice of fixed rates and options with significantly lower fees.

Mario Picciola (NMLS #755961) and Will Yoho (NMLS #756017) of Wintrust Mortgage will discuss the program and answer the following questions:

Who qualifies for a reverse mortgage?

What's the difference between a reverse mortgage and a bank home equity loan?

Can the lender take away my home if I outlive the loan?

Will I still have an estate that I can leave to my heirs?

What types of homes are eligible?

How much can I get from my home?

How do I receive my payments?

Light refreshments will be served. Please RSVP by April 12 to Mario Picciola at 815.474.3749 or mpicciola@wintrustmortgage.com.

About Old Plank Trail Community Bank
Old Plank Trail Community Bank, N.A., a Wintrust Community Bank, has eight locations in Illinois; Crete, Frankfort, Mokena, New Lenox, Orland Park, and Steger. Old Plank Trail Community Bank is a Member FDIC and Equal Housing Lender. For more information, please visit the bank’s website at www.oldplanktrailbank.com, “Like” us on Facebook at www.facebook.com/OldPlankTrailBank and follow us on Twitter @OldPlankBank.

For more information please contact:

Mario Picciola

Wintrust Mortgage

815.474.3749

mpicciola@wintrustmortgage.com

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