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Green Water

What Is A Home Equity Conversion And Is It Right Fit For You?

Happy Senior Couple

An option specifically for homeowners who are age 62 and older with home equity that may help you reframe and strengthen your overall long-term financial planning.

      A Home Equity Conversion Mortgage (HECM) converts a portion of your home equity into easily accessible tax-free cash for meeting your needs and dreams. For many, it is their Emergency Fund Life Line, their "just in case", their Piggy Bank...

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*Borrower is responsible for property taxes, homeowners insurance and property maintenance in order for the loan to remain in good standing.  A HECM is a home-secured loan that must be repaid upon default or a maturity event such as when the home is sold, all home owners have passed away or the last surviving borrower no longer lives there as their primary residence.

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