Our Mortgages 
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Fixed Rate HECMs or a Fixed Rate Reverse Mortgage give you peace of mind and more predictable retained equity for your heirs. Today's FIXED RATE is 5.56%. The Fixed Rate HECM is becoming the most popular product! You are required to cash out all your money at closing. Sorry, no credit line or monthly payments with the Fixed. Apply for the Fixed Rate Reverse Mortgage, click here. |
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The "HECM MAXX" is a Home Equity Conversion Mortgage that gives you more than the "average" HECM. We have tweaked a few areas to give you the MAXX benefits. The HECM MAXX uses the LIBOR Index ( London Interbank Offering Rate), Compare the HECM MAXX and the HECM Fixed side by side using our calculator, click here. |
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Using a HECM Reverse Mortgage, a senior may buy a new principal residence with far less up front cash than a typical "free and clear" purchase. Once you have completed the purchase there are no monthly payments to make for as long as you live in your home. The amount of money you will need to bring to closing will depend on the home purchase price, the lending limit, your age, and today’s interest rate climate. Apply for the HECM for Purchase by clicking here |
