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FIND OUT HOW YOU CAN BUY YOUR DREAM HOME IN YOUR RETIREMENT WITHOUT MONTHLY PAYMENTS*

*Must remain current on property taxes and homeowners insurance.

After age 62, you have more options available for purchasing a home. One of these options is a Home Equity Conversion Mortgage.  

A Home Equity Conversion Mortgage allows homeowners to use the equity obtained through a Home Equity Conversion Mortgage to buy a new home.  

What a Home Equity Conversion Mortgage Can Do For You

Here is just some of what you can do with a Home Equity Conversion Mortgage: 

  • Buy a new or newer home without monthly mortgage payments. You must remain current on property taxes and homeowners insurance. 
  • Upsize or downsize your home (depending on your needs)  
  • Buy a home in a new location (to be closer to family and/or friends) 
  • Reduce out-of-pocket expenses (compared to paying cash or using traditional financing)
  • Protect your life-savings  
  • Protect your monthly income  
  • Retain title on the home as long as terms are met 
  • Potentially have additional income to supplement income 

How Do You Qualify for a Home Equity Conversion Mortgage?

In order to apply for a Home Equity Conversion Mortgage, you must first meet these basic requirements:  

  • You or your spouse is 62 years of age or older  
  • Your current home is your primary residence  
  • You are current on property taxes, homeowner’s insurance, home maintenance, and any HOA fees

There are minimal credit and income requirements.  

Peace of Mind

Do all this with the guidance of a company that has been in business for more than 100 years. Our trusted and licensed Home Equity Conversion Mortgage Consultants will guide you through the process.

The Safeguards

Home Equity Conversion Mortgages (HECM) are insured by the Federal Housing Administration (FHA). This means that you and your children do not have any personal liability for the repayment of the debt.

Want to learn more about how a Home Equity Conversion Mortgage works? Contact us today to receive the FREE Home Buyers After 62 Guide.