Reverse Mortgage & HECM

A Reverse Mortgage and Home Equity Conversion Mortgages (HECM) loans can be a fantastic option for homeowners who are 62 years or older, who have significant equity, can borrow against the value of their home and receive funds as a lump sum, fixed monthly payment, line of credit or a combination of options.

There are no loan payments due until you no longer reside in the home.Reverse Mortgages are an outlet for seniors to access equity in their home without having to pay monthly, like on a forward mortgage.

This can be a lifeline for homeowners with fixed income who have important financial obligations that are straining due to their mortgage payment. It is also a great option to consolidate revolving and installment debt or put cash away for emergencies with no monthly payment obligation.