• Reverse Mortgage for Purchase

    A reverse mortgage, or a HECM (Home Equity Conversion Mortgage), is a way to turn the equity in your home into tax free cash without having to make any monthly mortgage payments. Instead of monthly payments, the loan is repaid in one lump sum when the last borrower leaves the home. Already used by more than half a million households across the United States, the borrower is required to continue [...]

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