top of page
A Reverse Mortgage is also known as a HECM or Home Equity Conversion Mortgage. This type of loan is great option for seniors who have paid down their mortgage balance and wish to use the equity in their home.
Reverse Mortgage HECM Purchase
Sell your home and upgrade to a newer home using a reverse purchase.
Use equity in your home to purchase another home and you don't need to pay principle and interest while living in the home.
Reverse Mortgage Refinance
Receive cash now with a lump sum payout or a fixed monthly payment. Give your bank account a break reducing your monthly outgoing expenses.
Continue paying the insurance, taxes and home owners fees if applicable.
Must be 62 or older.
Keep the title to your home.
Use the equity while living in your home.
Get a lump sum, monthly payments or no payments.
Easier to qualify than a traditional loan.
bottom of page