A Smart Way to Sell More Homes to a Growing Demographic
A HECM for Purchase loan combines a Reverse Mortgage with the equity from the sale of the borrower’s previous home - or from other savings and assets - to buy their next primary home in a single transaction. Regardless of how long the borrower lives in the home or what happens to the home’s value, the borrower only makes one initial down payment towards the purchase, if they continue to pay property taxes, homeowner’s insurance, and maintain the property. Schedule a call with Steven.
New Proprietary and Jumbo Options
Loans Amounts up to 4 Million dollars
A Proprietary or Jumbo Reverse Mortgage Loan may allow your client to purchase a new home with less money out of pocket and reduced closing costs versus a traditional Reverse Mortgage. Request a Pre-Qualification for your client today. Steven will compare all options, so your client receives the best Reverse Mortgage loan to suit their needs.
Free Literature To Help You Sell More Homes
A Guide For Home Buyers