New: reversemortgage

col323 (25)in hecm • 7 years ago
Reverse Mortgage/HECM Information
Did you know that homeowners 62 years and older may be eligible to participate in a Home Equity Conversion Mortgage (HECM), also known as a Reverse Mortgage, which can eliminate your monthly…
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col323 (25)in hecm • 7 years ago
Reverse Mortgage Myth #3 – I must own my home free and clear in order to do a Reverse Mortgage – False
In fact, most of my Reverse Mortgage or HECM Loan borrowers still have a mortgage and monthly mortgage payments. A Reverse Mortgage allows borrowers to pay off their current lender and eliminate…
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