What is a Home Equity Conversion Mortgage? Is it right for me?

The Home Equity Conversion Mortgage (HECM) program offers people who are a min of 62 years of age (actually only one of you needs to be 62) the opportunity to purchase your home with as little as 40% cash down payment and never make a mortgage payment again.

This can make getting your dream retirement home a reality.  You won’t need to put all your cash into the purchase of your home.  Leaving you with more for living.

I sit down with Jacqui Hamilton a specialist in HECM loans to discuss what they are and the benefits.

 

Jacqui Hamilton
Concord Mortgage
Jacqui.Hamilton@concordmg.com
623-900-1935

www.Arizona-Active-Adult-Community.com ~ Copyright © 2005 ~ All Rights Reserved