You’ve been working toward retirement your entire life
Let Premier Mortgage Resources (PMR) utilize the equity you have built up via a Home Equity Conversion Mortgage (HECM). If you are at least 62 years old you may qualify for this program!
Highlights of the HECM
Home Equity Conversion Mortgage
PMR is here to walk you through the HECM loan process step by step. Here are some of the eligibility requirements to consider.
Let us help you access the equity you have built up via a Home Equity Conversion Mortgage (HECM).
Reverse Mortgage Program Options include:
- Establishing a Credit Line
- Monthly Income for Term, Tenure (as long as you remain in the property)
- Cash out for any purpose, including repairs or renovations
- You can even utilize a HECM to purchase a new home!
To qualify, you need to be at least 62 years old.
Equity When You Need it.
Have questions or interested in pricing?
If you have questions or you're interested in pricing, contact us now.
If you have any questions about HECM loans, we are available via video consultations, phone or email.
This material is not from HUD or FHA and has not been approved by HUD or any government agency.
*(1) at the conclusion of a reverse mortgage, the borrower must repay the loan and may have to sell the home or repay the loan from other proceeds; (2) charges will be assessed with the loan, including an origination fee, closing costs, mortgage insurance premiums and servicing fees; (3) the loan balance grows over time and interest is charged on the outstanding balance; (4) the borrower remains responsible for property taxes, hazard insurance and home maintenance, and failure to pay these amounts may result in the loss of the home; and (5) interest on a reverse mortgage is not tax-deductible until the borrower makes partial or full re-payment. This material is not from HUD or FHA and has not been approved by HUD or any government agency.