Home Equity Conversion Mortgage (HECM)

A Reverse mortgage (also known as Home Equity Conversion Mortgages, abbreviated HECM) are helping older Americans across the country achieve greater financial security and enjoy their retirement years to the fullest.

The HECM FHA insured reverse mortgage can be used by senior homeowners age 62 and older to convert the equity in their home into a monthly streams of additional cash flow and/or a line of credit to be repaid when they no longer occupy the home.

 

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