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Purchasing a Home?
Consider using a reverse mortgage.
Get the money you need to purchase a home today - and ease your financial concerns for the future - with a new financial tool designed for people age 62 and older.
A Home Equity Conversion Mortgage (HECM) for Purchase helps you purchase a home by taking out a reverse mortgage on that new home. It could be the solution you're looking for, whether you want to move to a new neighborhood, a more accessible home, or one that's "right-sized" for your needs.
How it works:
- You purchase the home you desire using a reverse mortgage on that home
- Your credit history and current income do not affect whether or not you qualify
- Your loan is government insured, adding a measure of safety and security
- One transaction with one closing simplifies the process
- Since there are NO required monthly mortgage payments, you could free up money for other things
- Best of all, you enjoy all of these benefits and still own your home.
If you are financing, we can help you along the way. Our Sales Consultants can put you in touch with one of their knowledgeable mortgage specialists.
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Epcon Communities Franchising, Inc. | 500 Stonehenge Parkway | Dublin, OH 43017 | 614-761-1010