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How Reverse Mortgages Work
Your home is your greatest asset. Why not use the equity from your home to increase your cash flow?
A reverse mortgage is also known as a Home Equity Conversion Mortgage (HECM).
The program was created by the Federal Housing Administration (FHA) specifically to help homeowners, aged 62 years and older. A HECM can provide seniors the means to enjoy home ownership through retirement.
No monthly mortgage payment*
*Homeowners are responsible to keep current property taxes, homeowner’s insurance, HOA dues and home maintenance.