Unlocking HECM Home Equity Conversion Mortgage Benefits
Unlocking HECM Home Equity Conversion Mortgage Benefits
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What is a HECM?
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Home Equity Conversion Mortgage or HECM for short, is an FHA insured mortgage. The line of credit sometimes associated with these loans can not be reduced or frozen like a normal HELOC. If you'd like to hear more about this feature, message or check out ernietheloanguy.com. #reversemortgage #retirement #security | Ernie Severson
0:25
Home Equity Conversion Mortgage or HECM for short, is an FHA insured mortgage. The line of credit sometimes associated with these loans can not be reduced or frozen like a normal HELOC. If you'd like to hear more about this feature, message or check out ernietheloanguy.com. #reversemortgage #retirement #security | Ernie Severson
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FacebookErnie Severson
Home Equity Conversion Mortgage (HECM): Definition, Eligibility
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Did you know there’s more than ONE type of reverse mortgage? 👀🏡 Most people think a reverse mortgage is only the standard FHA (HECM) loan, but that’s just one option. Watch the full video below 👇👀 CHARLES BUTLER Retirement Mortgage Advisor NMLS#2262315 WA & OR State CE Instructor #retirement #RetirementPlanning #financialplanning #FinancialFreedom
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