A Home Equity Conversion Mortgage (a reverse mortgage sometimes referred to as HECM) is often considered an avenue for high-equity homeowners to supplement retirement income without selling the home. However, the flexibility of a HECM can also offer funding to make critical improvements or cost-saving upgrades to the home.
Living life as a Reverse Mortgage Professional is possibly the best career a person could ever have.
Helping seniors understand and evaluate Reverse Mortgage products for their retirement planning can be both challenging and rewarding. But, finding the right program may bring a wealth of opportunity and financial independence that might otherwise be impossible. The new programs make it important for Senior home owners to look into the HECM line of Credit at the earliest possible age. The growth factor of the line of credit could significantly increase the security and stability for your retirement funds.
The many special friends and acquaintances I have found in my 16 year career as a Reverse Mortgage Specialist have enhanced my life more than I could ever have thought possible.
If you or a family member is considering a Home Equity Conversion Mortgage, or HECM (also known as a reverse mortgage), you probably know that age is important; after all, FHA requires that borrowers be 62 years old to qualify.
But there are other reasons age matters,
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