2018-04-23T13:21:00
(BPT) – Across the nation, thousands of seniors have used a Home Equity Conversion Mortgage (HECM), commonly called a reverse mortgage loan, as a savvy way to access the equity in their homes. These mortgages can be shaped to fit an individual’s needs, and with new consumer safeguards in place, many seniors are discovering that it is an important part of their retirement strategy. For those interested in a reverse mortgage loan, there are six main phases to the process.
