Did you know that you can buy a home using a HECM for
purchase loan? It’s true! And for today’s money savvy seniors, the HECM for
purchase offers many benefits a traditional mortgage does not.
For instance, if you were thinking of buying a retirement home
with a large down payment in order to avoid having a big house payment, using a
HECM loan can eliminate your monthly payment altogether!
A HECM for purchase loan can also increase your buying power
allowing you to buy “more home” with the same money you were going to spend
without increasing your out of pocket costs. You could afford to finish off the
basement, choose granite counter-tops, install hard wood floors or select tile
for the bathroom. Think about it. A HECM for purchase loan gives you the power
to buy the home you really want, in a great location, while keeping money in
your pocket.
How? Let our mortgage advisor David Viox introduce you to
this flexible, innovate, FHA mortgage loan.
Call VanDyk Mortgage today at
513-429-2122
“David Viox provided me with exceptional service from our
first meeting when he told me I qualified for a mortgage, to my closing. Even though all of our interactions were
online or on the telephone, I felt I was given personal service including
weekly updates on my loan status. David is courteous, efficient and provided me
with excellent overall service. VanDyk has good rates.
I would recommend them to a friend.”
-Amy C. , Indiana
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