Purchase Reverse Mortgage

Purchase your next home with a Reverse Mortgage. A Federally-Insured Purchase Reverse Mortgage is a revolutionary way for seniors to purchase real estate. Recent enhancements to the Federally Insured HECM reverse mortgage allow for seniors to purchase a home and make NO MONTHLY PAYMENTS!

This is exciting news to Senior Americans who have wanted to downsize, upsize, move closer to family and friends, move into senior communities for the activities or amenities they offer, or for those who find that their current home simply does not meet their needs any longer.

Elegible property types:

• Single Family Residence
• Condominium
• Townhomes
• 1-4 Units
• Multi Family
• Manufactured Homes

Qualifications:

• Minimum age 62 (all applicants)
• Must occupy as Primary residence
• No Income -or- Credit Score requirements

Working with a Realtor? If you are ready to make an offer on a property you must first be issued a pre qualification and attend specific purchase counseling. We have successfully closed the Purchase HECM and are ready to assist you with the necessary steps for approval.

Click here for Purchase Reverse Mortgage FAQs

Download Purchase Reverse Mortgage Guidbood here

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