Home Equity Conversion Mortgage

HECM for Purchase is the type of reverse mortgage that allows seniors to purchase a home using the proceeds from a HECM loan. This type of loan is part of the HECM program. Therefore, a HECM for Purchase loan is insured by the FHA and offers non-recourse protections.

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Home Equity Line of Credit

When you apply for a reverse mortgage, lenders must conduct...

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Home Equity Loan

When you apply for a reverse mortgage, lenders must conduct...

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Recent Articles

What Is Home Equity?

What Is Home Equity?

The average price of a house in the US is $428,700 in 2022. Owning a home offers a range of benefits, and one of those is establishing...

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How to Get a Reverse Mortgage

How to Get a Reverse Mortgage

Are you nearing retirement and curious about what a reverse mortgage is? Ready to tap into your home equity? A reverse mortgage could be a...

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Find out if a GoodLife Home Loans reverse mortgage is right for you.