What is a Traditional HECM Reverse Mortgage?
Home Equity Conversion Mortgages (HECMs), also known as reverse mortgage loans, were created over 25 years ago to help Americans age 62 and older convert a portion of their home equity into tax-free money. HECM reverse mortgages are insured by the Federal Housing Administration (FHA) and allow seniors to age in place and achieve retirement security.
Five advantages of HECM reverse mortgages:
- No monthly mortgages payments
- Tax-free proceeds
- Federally-insured by the government
- Delay your Social Security benefits
Contact us toll-free at 855-750-0879 or email firstname.lastname@example.org now to learn more and see if you qualify today!