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Reverse Mortgages

The Home Equity Conversion Mortgage (HECM) is FHA’s reverse mortgage program, which enables you * access to the equity in your home. HECM is a safe plan that can give you greater financial security. It can supplement Social Security, meet unexpected medical expenses, make home improvements, and more.

Benefits of a Reverse Mortgage

  • Continue to live and own the home without having to make a mortgage payment
  • Obtain money for things such as home repairs or improvements, property taxes, and more.
  • Supplement retirement income
  • Cover medical expenses, and more