Government Programs
FHA and HUD Reverse Mortgages
Congress just approved additional but temporary Reverse Mortgage benefits to help seniors as part of the stimulus package that expires 12/31/09. Call 1-888-823-6125 to find out the details before the 12/31/09 expiration date.
HUD Reverse Mortgages are Federally Insured Program For Senior Homeowners 62 Years of Age or Older Only.
Benefits:
- Get all the facts on US HUD Insured vs Non HUD Reverse Mortgages
- Find out how to set up counseling with a HUD Approved Reverse Mortgage Counselor
- Find out how to Safely Apply for a Government Insured Reverse Mortgage
- Get Cash Out or just Stop your Current Mortgage Payment
HECM
The Home Equity Conversion Mortgage (HECM) is FHA's reverse mortgage program which enables you to withdraw some of the equity in your home. You choose how you want to withdraw your funds, whether in a fixed monthly amount or a line of credit or a combination of both.
Don't forget to use the HECM Calculator.
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