What is a Home Equity Conversion Mortgage, HECM?

A reverse mortgage is a financing option provided to individuals 62 years of age or older. The program makes it easier for retirees to purchase a new primary home. If you qualify for the HECM for purchase loan, you will not have a monthly mortgage payment.

This type of loan works by allowing the borrower to convert equity in the home into income or a line of credit.

Take a look at this video for more details:


For additional questions and/or to see if you qualify: Ron Heath, HECM specialist

New Homes and communities in the Raleigh area

How does NC rank in its economy compared to other states?

Will 2019 be a buyers or sellers market?


Reach out to Amy Sossamon for your Real Estate needs, 919.671.1479
www.regalcrestluxuryhomes.com




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