What is a Home Equity Conversion Mortgage (HECM)?
A HECM loan is a government insured reverse mortgage. Reverse Mortgages allow a senior to access a portion of their home's equity and use the proceeds however they choose. The senior retains the home’s title and no monthly mortgage payments are required as long as they continue to live in the home and meet the terms of the financing agreement.
Interested?
If you are interested in this item and have some questions, feel free send an inquiry.
Click Here
On the Go?
Scan our QR code and use your phone to access our catalog.Community Sponsors