HECM for Purchase lets buyers 62+ finance homes without monthly payments, avoiding 401(k) withdrawal risks and penalties.
The Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program has long been positioned by reverse mortgage professionals as a viable path for expanding the base of reverse mortgage business.
What is a reverse mortgage? A reverse mortgage is a home loan that allows people ages 62 and older to borrow against their ...
The U.S. population is older today than ever before, with people over 65 outnumbering children for the first time in history. Every day, around 12,000 individuals reach their 65th birthday! This shift ...