Eliminate Your Monthly Mortgage Payment
Refinance an existing mortgage, liberating your retirement budget from fixed monthly mortgage payments. Essential property charges like taxes and insurance must continue to be paid.
Fund Home Improvement Projects
Use HECM loan proceeds to finance home upgrades that enhance safety and comfort, ensuring the long-term enjoyment of your home.
Cover Healthcare Expenses
Tap into your home equity to support various healthcare needs, including long-term care insurance premiums, in-home care and medical expenses.
Enhance Cash Flow and Create Emergency Funds
Elevate your retirement experience and establish a readily accessible safety net for unexpected circumstances with HECM loan proceeds.
Safeguard Against Market Volatility**
Structure a HECM as a flexible line of credit, providing access to cash as needed, making it advantageous for long-term financial strategizing.
Facilitate a New Home Purchase
Unlock the distinct benefits of a HECM for Purchase, a hybrid solution that combines the advantages of paying all cash and taking out a traditional mortgage.
Why Fairway Independent Mortgage Corporation?
Let’s start a conversation.
If you are interested in the reverse mortgage loan, contact me today. I will help you to understand the HECM product, so you can make an informed decision about whether it is the right financial solution for you.
*Source: https://www.cbsnews.com/news/best-reverse-mortgage-companies-2023/
** This content does not constitute financial advice. Please consult a financial advisor regarding your specific situation.