*Just Pay the Property Charges, Like Taxes and Insurance
Here’s how: Refinance your traditional mortgage into a reverse mortgage loan
Most but not all reverse mortgages are Home Equity Conversion Mortgages, the only reverse mortgages insured by the Federal Housing Administration. This webpage refers only to HECM loans.
Free up cash flow in retirement.
Retirement shouldn’t be about worrying about how to close retirement income gaps. It should be about enjoying your life to the fullest.
Good news. You may be eligible for an FHA-insured Home Equity Conversion Mortgage (or HECM, commonly called a reverse mortgage) loan. It’s exclusively for homeowners aged 62
As a HECM borrower, you can:
Plus, you can use any remaining HECM loan proceeds as you wish, such as to:
With inflation, a $0 monthly mortgage payment can help you navigate:
…And it can help you to enjoy a better retirement, like finally being able to take that vacation with the grandkids.
Remember, home values in many areas across the country are still at or near historic highs. That’s wonderful news for you as a homeowner, especially if you are looking to put your housing wealth to work
Reverse Mortgage Loan Customer Testimonial
Why Fairway Independent Mortgage Corporation?
Fairway Independent Mortgage Corporation is a national mortgage lender with top-notch customer service.
We are committed to providing you with an amazing experience – from loan application to closing, and beyond.
We are a national, full-service lender with high customer satisfaction scores
We are ranked as one of the top 10 mortgage companies in America (by Mortgage Executive Magazine
As an FHA-approved lender, we are able to sell HECM reverse mortgages
are dedicated to educating consumers – as well as their family members and their other trusted advisors – on the pros and cons of reverse mortgages
Schedule an Appointment with Us Today!
Call us or complete the form below to get a free consultation. Together, let’s find out if leveraging home equity is the right move for you and your retirement.
†This material does not constitute tax advice. Please consult a tax advisor regarding your specific situation.