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Welcome to the H.E.C.M. Website!

Here you will find all of the information and tools related to Home Equity Conversion Mortgages. Please feel free to browse this site and find out if H.E.C.M. is the right choice for you.

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WHO QUALIFIES?


  • Must be 62 years or older (at least 60 days from birthday)
  • own the home and live in the home as your primary residence
  • have equity available (the more equity available, the more money for your retirement or to pay off mortgages or any other existing debts)
  • have never have defaulted on government debt
  • have the ability to pay for property taxes and insurance & upfront costs of the program.


Click HERE to download
HECM Purchase PPT

HOW DOES IT WORK?


The reverse mortgage allows seniors (62 years or older) to retire with releasing a portion of their home's equity without having to make monthly mortgage payments or without the need to sell the home.

HOW MUCH CAN YOU GET?


Enter your own info and get an estimate.
Try our calculator!