16766 Bernardo Center Drive #110, San Diego, CA 92128
p: 858-248-3311 f: 858-815-7238
http://www.CaReverseLoan.com
Email Reverse Mortgages for Refinancing or Purchasing a home.
WHAT IS A REVERSE MORTGAGE? ?? The "HECM" Mortgage, (Home Equity Conversion Mortgage), commonly called a "Reverse Mortgage", is a financial tool that allows a lender to pay you, instead of you paying the lender. A HECM lets you convert your equity into cash without selling your home. As time goes on, the HECM Loan balance grows and the remaining equity in the home could decline. ?? To qualify for a Reverse Mortgage, the borrowers must be at least 62 years of age and the home must be their PRIMARY residence.
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