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HECM Information, HECM Buying Basics

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CONTACTS AT HECMBUYINGBASICS.COM

M Street Associates

310 Mi●●●●●●Street

Str●●●urg , PA, 17579

UNITED STATES

1717●●●●3753
1999●●●●9999
ch●●●●●●@progressive-sounds.com

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M Street Associates

M Street Associates

310 Mi●●●●●●Street

Str●●●urg , PA, 17579

UNITED STATES

1717●●●●3753
1999●●●●9999
ch●●@mstreetassociates.com

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M Street Associates

M Street Associates

310 Mi●●●●●●Street

Str●●●urg , PA, 17579

UNITED STATES

1717●●●●3753
1999●●●●9999
ch●●@mstreetassociates.com

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HECM Information, HECM Buying Basics,
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FAQ | HECM Buying Basics

http://www.hecmbuyingbasics.com/FAQ

Sallie A. Dunn. HECM Specialist Serving PA WV OH. Phone: 724.344.3472 Fax: 724.212.5035. What does HECM stand for? HECM stands for Home Equity Conversion Mortgage. This term is used exclusively for the FHA insured reverse mortgage loan program. I've never heard of a HECM loan. Are they new? Is a HECM for purchase loan more expensive than other loans? What is the benefit of FHA insurance? It is the FHA insurance coverage which allows the homeowner to forgo their monthly loan payments. There is no pers...

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HECM Counseling | HECM Buying Basics

http://www.hecmbuyingbasics.com/HECM-Counseling

Sallie A. Dunn. HECM Specialist Serving PA WV OH. Phone: 724.344.3472 Fax: 724.212.5035. HECM counseling is a good idea and it's required! How long are the counseling sessions? Counseling sessions are usually 40-60 minutes in length and may be done by phone or in person. The facilitators of these sessions have no affiliation with the lenders and can therefore provide unbiased information. They are there to help you, the borrower. How does the counseling session work? Learn the Basics of Buying with HECM.

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HECM Information, HECM Buying Basics

Sallie A. Dunn. HECM Specialist Serving PA WV OH. Phone: 724.344.3472 Fax: 724.212.5035. Discover How You Can Get A Dream Retirement Home With No Monthly Mortgage Payments. What is a Home Equity Conversion Mortgage? A loan program designed by the Federal Housing Administration (FHA) for homeowners 62 years of age or older who are looking to purchase a new, primary residence. Your ideal retirement home just might be within your reach. How Does it Work? This is all possible because the loan is FHA insured.

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Primary Date of Birth:. Spouse Date of Birth: (if applicable). Outstanding Mortgage Balance: (if applicable). I am mostly interested in:. Fixed Rate / Lump Sum. Flexible Line of Credit. Monthly Distribution For Life. All of the above. Special Notes or Requests:. There is only One Federally Insured Reverse Mortgage. So Why Pay MORE? Compare and Save Thousands. Quote from All Reverse Mortgage. Working with a HUD Approved reverse mortgage lender saves you time and money. With our new HECM Choice. Tell our h...

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Skip to main content. Neighborworks America - working together for strong communities. Exam Topics: What You Need to Know. On this site you’ll find everything you need to know about the Housing and Urban Development (HUD) Home Equity Conversion Mortgage (HECM) counselor roster, information about the HECM Exam, training, and continuing education requirements. As an active HECM counselor, you will have the ability to log in and use the Forums, Find a Colleague feature, and our Ask the Expert Tool. The upda...