Reverse Mortgagesv

The beautiful thing about a HECM is that it can be structured to suit your needs. You can receive the loan proceeds as a lump sum of cash, line of credit to be used as needed, you can receive monthly payments from the lender that continue for as long as you live in your home or you can do a combination of all 3.

There are 3 types of HECM Reverse Mortgage, HECM Saver and HECM Purchase. Yes! You can even use a reverse mortgage to purchase a home! Talk to your reverse mortgage specialist to discuss your options and your situation to determine which option is best suited for you.