I've been helping clients and associates finance Real Estate for the last 38 years . I'm all about options and knowledge . I provide clients with the knowledge it takes to make the right decision when financing Real Estate .
"Boomers" After thoroughly researching Reverse Mortgages , I think its the best product on the market . Ask me why
The HECM (Home Equity Conversion Mortgage) is also known as a Reverse Mortgage and is a "Senior Only" home loan program that allows qualified homeowners, age 62 and older, the ability to access the equity in their home, ending the need for monthly principal and interest payments, and providing a source of monthly income. Borrowers must maintian property taxes, insurance and keep up the home. And "YOU" not the bank maintain ownership of your home as long as the HUD requirements are met.