Unlock Your Home Wealth
with a HECM
The home equity conversion mortgage (HECM) helps homeowners age 62+ turn a portion of their housing wealth into usable cash while continuing to live in and own their home.
The right to remain in the home is contingent on paying property taxes and homeowner's insurance, maintaining the home, and complying with the loan terms.
KEY BENEFITS OF HECM
Unlock Your Home's Financial Potential
No Monthly Mortgage Payments
Put more cash in your pocket for the things that matter.
Live in and own your home
Retain the title and continue to enjoy your home.
Government-insured
Loan insured by the Federal Housing Administration (FHA).
Important Information
The borrower must meet all loan obligations, including living in the property as the principal residence, maintaining the home, and paying property charges, including property taxes, fees, hazard insurance. If the homeowner does not meet these loan obligations, then the loan will need to be repaid.
The right to remain in the home is contingent on paying property taxes and homeowner's insurance, maintaining the home, and complying with the loan terms.
UNLOCK YOUR EQUITY
What a HECM can do for you
Free up cash by eliminating the need to make a monthly mortgage payment.
Address ongoing medical expenses, emergencies, and long-term care.
Pay for home improvements that make your home safer, more enjoyable, and more suitable to your lifestyle.
Take a well-deserved vacation, pursue hobbies and passions, and complete your retirement bucket list.
Your loan is insured by the Federal Housing Administration, providing protection for both you and the lender throughout the life of the loan.
