Our Loan Programs

Basics of Reverse Mortgage

Our experienced loan originators can help you decide whether a reverse mortgage is right for you. In order to qualify you must be 62 years or older and complete a counseling session with a HUD Certified Housing Counselor. Borrowers are expected to live in the home as their primary residence and pay homeowners taxes, insurance, and any applicable HOA fees.

Contact your Reverse Loan Originator for more information.

HECM for Purchase

HECM for Purchase

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Enjoy your retirement on your terms.

In the past, your options were limited, but there may be a way for you to achieve your dream of a new home: the Home Equity Conversion Mortgage for Purchase (H4P for short). The H4P lets seniors aged 62 and older purchase a home with approximately 50% down, helping you retain more of your financial nest egg.

HECM for Retirement

HECM for Retirement

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Enjoy your retirement on your terms.

The Home Equity Conversion Mortgage (HECM for short) has rapidly become part of the financial planning world. No longer considered a loan of last resort, the new and improved HECM could help those who may not necessarily need cash now, but wish to secure the longevity of their savings. And considering that your home may be your largest asset, you owe it to yourself to learn more about the HECM.

Things to know about Reverse Mortgages:

  • At the conclusion of a reverse mortgage, the borrower must repay the loan and may have to sell the home or repay the loan from other proceeds
  • Charges will be assessed with the loan, including an origination fee, closing costs, mortgage insurance premiums and servicing fees
  • The loan balance grows over time and interest is charged on the outstanding balance
  • The borrower remains responsible for property taxes, hazard insurance and home maintenance, and failure to pay these amounts may result in the loss of the home
  • Interest on a reverse mortgage is not tax-deductible until the borrower makes partial or full re-payment
  • This material is not from or approved by HUD, FHA, or a Government Agency