The Facts about
Home Equity Conversion Mortgages
Discover the Home Equity Conversion Mortgage (HECM), a remarkable tool that can provide seniors with increased financial stability. Our e-guide gives you a roadmap of the entire homebuying process from start to finish. A Home Equity Conversion Mortgage (HECM can be strategically used to support a wide range of financial costs and goals.
By using a HECM, eligible seniors could:
- Build a “rainy day fund” for future health care costs
- Supplement monthly living expenses
- Fund expensive home and auto repairs
- Live a more active lifestyle
- Continue living in their home for the rest of their life
- Buy a new home
Get the Guide!
Open Mortgage offers a trove of resources from easy, quick videos to detailed educational resources. We’ve got you covered!