HOME EQUITY CONVERSION MORTGAGES FOR SENIORS
Reverse mortgages are increasing in popularity with seniors who have equity in their homes and want to remain in their homes or supplement their income. The only reverse mortgage insured by the U.S. federal government is a Home Equity Conversion Mortgage (HECM), which is only available through a Federal Housing Administration (FHA) approved lender. The HECM is the FHA’s reverse […]
