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Weโre living in uncertain times, and many seniors are asking the same question: How can I stay financially secure right now? A HECM reverse mortgage can be a powerful solution.
By unlocking the equity in your home, you can:
- Eliminate mortgage payments
- Pay off credit card debt
- Make home repairs and Improvements
- Pay high homeowners insurance and property taxes
- Simply create more breathing room in your budget
Your home holds more than memories, it holds options. And that can make all the difference.
Find Out How Easy It Is To Qualify In 2 Easy Steps
Thousands of seniors have discovered how a reverse mortgage can provide the financial freedom they deserve. Our straightforward 2-step process makes it easy to explore your eligibility.
Need personalized assistance? Call us at 800-822-1190 to speak with a licensed advisor
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What is a HECM Reverse Mortgage Credit Line?
First things first, 98% of all reverse mortgages are the Federally Insured Home Equity Conversion Mortgage, also known as a HECM, or โHeck-umโ.
The โNEWโ HECM is the Federal Housing Administrationโs upgraded or enhanced reverse mortgage credit line program. The โOldโ reverse mortgage is obsolete โ making it impossible to really compare the two.
The HECM Credit Line can be an important retirement tool that allows you to access a portion of your homeโs equity. The HECM provides you with Tax-Free Cash without the burden of a monthly mortgage payment.
Benefits of HECM Reverse Mortgages
- Pay off your existing mortgage
- Pay off high interest credit cards or other debt
- Make home improvements or needed repairs
- Pay high homeowners’ insurance and property taxes
- Supplement your income
- Pay off medical bills
- Protect your portfolio from market down turns
- Install senior-friendly modifications
- Replace lost social security or pension income
- Fund long-term medical care
- Immediate access to cash
- Advance Inheritance
- Easy qualification
- Federally Insured
Why Choose Senior Lending?
1 Million+
Retirees Have Chosen HECM
98%
Client Satisfaction
Rate
3,000+
Reverse Mortgages Closed
5 Star
Google
Rated