Yes, with the HECM (Home Equity Conversion Mortgage) for Purchase loan, qualified borrowers can use their loan proceeds to buy a home that better suits their needs and lifestyle. It’s a home financing option that can make it easier for buyers age 62 and older to afford the home they want, while preserving more of their savings.
Larry Went Above and Beyond Larry was very professional, knowledgeable, honest and helpful. No complaints at all. We highly recommend him if you are considering a reverse mortgage. He went above and beyond
Joyce H — Sep 24, 2019
Quick Response I had questions about reverse mortgages and how they worked. Larry called and explained everything to us very well. He was quick responding back when I contacted him about some concerns I had while I was deciding to go ahead or not. I would recommend him to others, very polite and helpful. Was a pleasure working with him.
Gloria M — Apr 9, 2014
Thanks Again Larry treated me very well and helped me go thru the indepth process!!! Thanks again
W Hammond — Sep 7, 2015