Reverse Mortgages
HECM
STAY IN CHARGE OF YOUR RETIREMENT WITH A HECM
Find financial freedom in retirement with a HECM (Home Equity Conversion Mortgage) reverse mortgage. A HECM is a federally-insured home loan that allows borrowers over age 62 and older to convert a percentage of their home value into cash or a growing line of credit*. Plus, you’ll no longer be required to make monthly principal or interest mortgage payments**. And the best part? You’ll still maintain ownership of your home.
*Qualified borrowers only. An underwriter will review credit history, property charge history, and residual income to ensure the loan is likely to be a sustainable solution for the household. **Borrower is required to pay all property charges, including, but not limited to, property taxes, insurance and maintenance.
I'D LIKE TO LEARN MORE ABOUT GETTING A HECM LOAN