Tag: HECM
Posted in Condominium
FHA Reverse Mortgages for People Older Than 62
Author: admin Published Date: December 28, 2017
If you are age 62 or older you may want to participate in FHA’s Home Equity Conversion Mortgage (HECM), better known as the Reverse Mortgage, program. To qualify for a Reverse Mortgage you must be a homeowner that has paid off your mortgage or paid it down by a considerable…