My last 20 years have been happily spent in the mortgage industry. Beginning with traditional mortgages and moving on to offer the Federally insured HECM suite of products exclusively for the past 15 years. I have truly enjoyed matching my 62 or better clients with the best solutions for their individual mortgage needs. My husband and I recently bought a new home utilizing a HECM for purchase loan and we are thrilled with the home and the financing!
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Common Examples of What a HECM Can Help You Do
- Purchase a new home to fit your lifestyle needs
- Reduce monthly expenses by paying off existing mortgage
- Enhance your cash flow
- Create an emergency fund
- Fund for home repairs or upgrades
- Fund the expense for caregivers, live-in nurses, or other in-home care
- Protect your retirement portfolio
- Reduce monthly expenses by paying debt
- Incorporate housing wealth into your retirement plan
- Increase cash to help ensure monthly bills are paid
- Reduce the burden of out-of-pocket healthcare costs
- Have the cash for a large expense, such as a vacation or vehicle