HECM for Purchase lets buyers 62+ finance homes without monthly payments, avoiding 401(k) withdrawal risks and penalties.
CMG Home Loans, the retail lending division of CMG Financial, has its eyes on growing its dedicated reverse mortgage segment. In addition to recently making a key operations hire in an effort to ...
Yes. Known as the HECM for Purchase, this program was designed to allow seniors to purchase a new principal residence and obtain a reverse mortgage within a single transaction. This program has been ...