Like any other government regulated programs, the reverse mortgage industry experiences regular updates as mandated by the Department of Housing and Urban Development (HUD). Our reverse mortgage specialists can answer your specific questions, but this broad overview of the recent changes to the Home Equity Conversion Mortgage program (HECM) will ensure you’re an educated borrower.
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 can 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.
A reverse mortgage offers homeowners age 62 and older an affordable avenue to access their home equity. For some, this provides an opportunity to pursue a lifelong dream, while others may simply make it a part of their retirement strategy.
In any case, tapping into your home’s value also makes you contractually obligated to be a responsible homeowner.
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