Home Equity Conversion Mortgage (HECM): Definition, Eligibility
Home Equity Conversion Mortgage (HECM): Definition, Eligibility
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4.2K views · 60 reactions | The Hong Kong Monetary Authority has raised its base lending rate by 75 basis points, in line with the US Federal Reserve. Although the city's major commercial banks have kept their prime rates unchanged so far, home buyers and investors have been urged to be cautious. | HOY International Business Channel | Facebook
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If you have more invested in your house than in your future, retirement might not be as smooth as you imagined. That’s why a Home Equity Conversion Mortgage may be a life-changing option for those 62 or older. While it isn’t for everyone, an FHA-insured HECM can be a great way to keep your home, protect your heirs and retire more comfortably – with no monthly mortgage payments ever! Questions? Talk to one of our experts today! #HECM #KeepYourGoldenYearsGolden #YORO #guaranteedrate http://ms.spr.
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