Home Equity Conversion Mortgage (HECM) for Purchase
Tips for Realtors®, Builders and New Home Sales Consultants
How can HECM for Purchase help you grow your business?
Sell more homes at higher prices
- Increase purchasing power*—Makes buying a higher-priced home with desired upgrades/amenities easier to afford
- Capture new customers—Baby boomers age 62+ don’t want monthly mortgage payments, but are hesitant to use the majority of their assets to purchase a new home
- Set yourself apart—Be the only professional in your market who’s familiar with the program
- Sell homes faster—Customers must often wait to get the highest price for their departure home; HECM for Purchase gives them more financial freedom to buy YOUR house faster
*Available proceeds depend on age of youngest borrower, current expected rate and home value
If the customeris interested, contact us to review program details with them.
NMLS Co. #399174
205 Cypress Ave
Pacific Grove, Ca. 93950
Phone: (831) 657-9239