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 a Lender Credit?

What is a Lender Credit?

Many banks and mortgage lenders often offer borrowers lender credits to help pay for closing costs. Here we’ll discuss lender credits in...

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