Unlock the Power of Your Home with HECM

How HECM Works

A Reverse Mortgage allows homeowners aged 62 and over to convert part of the equity in their home into cash, tax-free. No monthly loan payments are required as long as you live in the property.

Benefits of HECM

• ✔ No monthly mortgage payments*
• ✔ Flexible disbursement options: Lump sum, monthly payments, or line of credit
• ✔ Proceeds are generally tax-free**
• ✔ Stay in your home and retain ownership
• ✔ Non-recourse loan, you never owe more than your home's value

Are You Eligible?

• ✔ Must be 62 years or older
• ✔ Own and live in the home as your primary residence
• ✔ Property must meet FHA requirements
• ✔ Complete a HECM counseling session
• ✔ Meet financial assessment requirements