The concept of HECM for Purchase could not be more straightforward: the homebuyer provides a down payment, the size of which is determined by the homebuyer’s age. The HECM loan provides the rest.

For more information on how it works, see my YouTube Video called Reverse for Purchase:


Laurie MacNaughton [NMLS# 506562] · Reverse Mortgage Consultant · Atlantic Coast Mortgage · 703-477-1183 Direct · ·
Visit Laurie MacNaughton on YouTube