MortgageFi · Financing with perspective.
A broader view.
A considered beginning.
HECM reverse mortgage
An FHA-insured reverse mortgage for eligible homeowners age 62 or older. Compare the costs and repayment events with the option of keeping a traditional mortgage.
A considered fit.
Eligible older homeowners reviewing access to primary-residence equity.
The details that matter.
- HUD-approved HECM counseling and a financial assessment are required.
- The home must remain the principal residence and property obligations must be met.
- Taxes, insurance, maintenance, and applicable property charges remain the homeowner’s responsibility.
Prepare for the conversation.
- Age, ownership, and occupancy information
- Mortgage payoff and property records
- Income, assets, and property-charge information
This is an initial discussion checklist. The applicable lender may require additional documents and uses its own eligibility and calculation rules. Do not send sensitive documents through this preview.
A broader view.
More possibilities.
HECM for purchase
Explore an eligible home purchase using HECM reverse mortgage financing. Review the required borrower funds, counseling, occupancy, and ongoing homeownership obligations.
Proprietary reverse mortgage review
Explore a proprietary reverse mortgage where available. Compare its protections, costs, proceeds, and obligations with an FHA-insured HECM.
Retirement income mortgage review
Review a purchase or refinance using eligible retirement income and assets. Compare a traditional mortgage with other strategies before choosing.
Your next chapter.
Consider the possibilities.
Begin with a goal. Explore your possibilities. Prepare for the conversation.