More and more senior citizens get aware of the reverse mortgage and how it helps them obtain money without having to show income, show credit or even have to pay back the bank. Growing in popularity, a Home Equity Conversion (HECM). Also called a Reverse Mortgage, a HECM is a fantastic home equity solution for older Americans because it eliminates the need for monthly home payments.
Use the equity proceeds on whatever you see fit.
- Possible key component to retirement
- Eliminates your existing home payment
There are few types of options that come along, you should always review the different programs and comparisons before you decide on a particular one. Contact us for more information about this program that is designed for people 62 and older. Call us (800) 220-LOAN.