Making Memories... Not Mortgage Payments with a Home Equity Conversion Mortgage (HECM) Loan

As a homeowner, would you like to learn how to convert some of your home equity into cash? Would your retirement be improved with an increase of cash to pay for unexpected expenses, home repairs, or that dream vacation you’ve been putting off?

The FHA Home Equity Conversion Mortgage (HECM) loan can help homeowners 62 and older pay for unexpected expenses, such as nursing home costs or long-term care insurance. It can also provide additional cash flow for increased food, gas, and other living expenses. Use it to take a much-needed vacation or purchase a new home with a lower down payment compared to an all-cash purchase using your current retirement savings.

To help homeowners learn more about HECM loans, I’ve put together a series of introductory HECM loan webinars to help educate homeowners on the benefits of using their home equity to meet their retirement needs.