A HECM is a loan for seniors age 62 and older. HECM loans are insured by the Federal Housing Administration (FHA) and allow homeowners to convert their home equity into cash with no monthly mortgage payments. The borrower is responsible for paying the real estate taxes, homeowners insurance, and the maintenance of the property.
We’re here to deliver a Reverse/HECM mortgage process that is a whole lot easier, with tools and expertise that will help guide you along the way, starting with our free HECM Mortgage Qualifier.
At Top Flite Financial, we are committed to helping seniors find the right mortgage solutions. We’ll help you clearly see differences between HECM options, allowing you to choose the right one for you.