Financial Services

3 Benefits of an HECM

Reverse mortgages are a popular form of lending that helps people purchase homes and benefit from the equity they’ve built. One type of reverse mortgage is a home equity conversion mortgage or HECM. If you have equity in your current home and wish to use that to buy a...

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What’s a Reverse Mortgage?

Reverse mortgages are very specific kinds of loans for homeowners age 62 and up who either own their houses or can easily pay their primary mortgage off, either who have savings or the assistance of a reverse mortgage. Reverse mortgages tap–and slowly drain–the equity...

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