A Home Equity Conversion Mortgage (HECM) is a program designed for seniors that is ensured by the U.S. federal government.  The program was created to assist with retirement planning and help people stay in the home they love.  It is secure and safe tool that allows you to turn the equity in your home into tax free cash without ever having to make a mortgage payment again.  This program provides you with security, freedom and financial independence to enjoy your retirement on your terms.  A reverse mortgage can benefit you in many ways and may provide you the peace of mind you are looking for.

Benefits

• Eliminate your monthly mortgage payments
• You can stay in your home and maintain the title
• Access to tax free income payments for any purpose you desire
• Heirs inherit any remaining equity after paying off the HECM loan
• Plan ahead for emergencies
• Enhance quality of life
• A credit line that can grow over time