Reverse equity products
HECM for Purchase
HECM for Purchase is designed for eligible buyers who want to purchase a new primary residence using a reverse mortgage structure instead of a traditional forward mortgage.
This may be worth discussing if a homeowner is considering downsizing, moving closer to family, or buying a home that better fits long-term needs.
When homeowners compare it
- Moving from a current home into a new primary residence.
- Comparing a cash purchase with keeping more assets available.
- Looking for a home that may better support aging in place.
- Wanting to understand how reverse equity changes the purchase conversation.
What to review first
Purchase price, available down payment, property eligibility, borrower eligibility, closing costs, timing, and continuing obligations all matter. Samantha can help you organize the right questions before you move further into the process.
Important: This page is educational and is not financial, legal, tax advice, or a commitment to lend. Mortgage Capital Services LLC, NMLS #2694379 ยท Samantha S. Peel, Mortgage Loan Officer, NMLS #2685482.