Make your holiday wish come true! 🌟
Imagine your parents just a doorstep away next Christmas. Reverse mortgages are a powerful tool in bringing families closer together!
A HECM reverse mortgage lets qualified borrowers 62 and older* tap into their home's equity without selling or refinancing. Plus, there's no required monthly principal or interest mortgage payments**. With a HECM for purchase, qualified borrowers can buy a principal residence*** and obtain a reverse mortgage in one transaction. This means they might be able to buy a new home without using all the proceeds from the sale of their current home.
Having mom and dad nearby might be more possible than you think! Reach out to a Movement loan officer today to learn more.
*Qualified borrowers only. An underwriter will review credit history, property charge history, and residual income to ensure the loan is likely to be a sustainable solution for the household. **Borrower is required to pay all property charges, including, ...