License #
David Viox NMLS19263
Rob Young NMLS20702
Tuesday
HECM for Purchase
Unique Features of a HECM for Purchase
A HECM Reverse Mortgage for purchase loan allows you to stretch your hard earned dollar affording you more buying power when it comes to purchasing your next home. Unlike a traditional “forward” mortgage, a reverse mortgage loan allows you to buy more home with less money out of pocket over the course of the loan. This is perfect for seniors, especially those on a fixed income, because you have choice and flexibility when it comes to investing your money
With a Reverse Mortgage loan you could
• Buy your dream home without ever making a monthly payment
• “Right-size” into a home that will better fit your needs
• Move closer to family members and trusted caregivers
• Afford two homes- buy another home to live in and rent out your existing home
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