| HECM for Purchase. This is Using a Reverse Mortgage to Purchase a home |
Fulton Financial Consultants offers very competitive HECM's, for your, "purchase a home" with fast turn times.
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HECM for Purchase
This Loan Program Features:
No concerns for Credit Scores.
Almost no concern for income requirement. Just show us you can afford the property taxes, Homeowner's insurance and repairs on home.
There is an age requirement of all borrowers behing at least 62 years old.
There is no requirement to pay mortgage payments or payoff the loan as long as you maintain the property as your primary residence.
You may choose to remain living in the home for the rest of your life which can be a real good solution during retirement.
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