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HECM Reverse Mortgage Basics

What is a HECM?

First things first, 98% of all reverse mortgages, also known as reverse equity loans, are the Federally Insured Home Equity Conversion Mortgage, also known as a HECM, or ā€œHeck-um.

The ā€œNEWā€ HECM is the Federal Housing Administration’s upgraded or enhanced reverse mortgage credit line program. The ā€œOldā€ reverse mortgage is obsolete – making it impossible to really compare the two.

The HECM can be an amazing retirement tool, allowing seniors to tap into their reverse equity. The HECM is simply a Credit Line that allows you to access your home’s equity providing you with Tax-Free Cash without requiring any monthly repayment.

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Find Out How Easy It Is To Qualify For A HECM Reverse Mortgage

Call And See Why We Are The #1 Rated HECM Reverse Mortgage Company In Orlando.

Your personal HECM advisor is there to quickly provide answers to your questions while working at your pace. They are with you from initial consultation to closing and any point in between.

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