Living Your Best Life with a Home Equity Conversion Mortgage Loan

Homebuyers 62 and over, purchase your dream home with...

• Only 40%-70% of the purchase price down*
• No required monthly mortgage payments (must still pay critical property charges, like taxes and insurance)
• Protection against declining home values

Today’s H4P loans have the potential to significantly enhance your home purchasing power and retirement cash flow strategy.

Some H4P Loan Benefits:

• Preserve Your Cash Reserves: An alternative to a cash purchase, an H4P loan allows you to buy a new home and bypass the obligation of monthly mortgage payments (must still pay critical property charges like taxes and insurance)
• Generally Easier To Qualify For: H4P loans focus primarily on the borrower’s capacity to pay ongoing property charges without mandating monthly principal and interest payments.

*The required down payment on your new home is determined by several factors, including your age (or eligible non-borrowing spouse’s age, if applicable); interest rates; and the lesser of the home’s appraised value or purchase price.