Great News! Our team is now HECM Certified!!
I know what you’re thinking, “What the heck is HECM, and why should I care?”
You might want to learn more about HECM (aka H4P) if:
- You or someone you know is 62+
- You’re in the retirement phase of life
- You’re ready to downsize or rightsize from your current house, but what you want seems out of your price range.
- You don’t want to lock your cash retirement savings in property
- But you also don’t want monthly mortgage payments
Keep reading to see if HECM is right for you.
Are you age 62 or better? If so, you may be interested to know that there is a program to buy your next Columbus area home with no monthly mortgage payments.
This little known program is call the HECM for Purchase Program. HECM may be ideal for you if you are in the retirement phase of life.
At this point in life, using cash or traditional financing to purchase a home can negatively impact your retirement plan.
Buying a home with cash will tie up a large portion of your savings in property. This could limit your ability to pay for future needs such as healthcare, or keep you from properly diversifying into other investments. The traditional financing route will force you to make a mortgage payment each month.
Here’s more good news that a lot of people don’t know about. There’s a better option for those sixty-two years and up. If you want to live in a new or newer home, be close to your friends and family, and NOT use most of your savings, you will want to learn more about the HECM for Purchase Program.
Since we are certified in HECM For Purchase, we have an excellent, FREE guide available for download.