What is HECM

A HECM is the most common type of reverse mortgage, backed by the Federal Housing Administration (FHA). It’s designed to help seniors stay in their homes while using the equity they’ve worked hard to build. Unlike traditional mortgages, you don’t make monthly payments. Instead, repayment happens when you move, sell the home, or pass it on to your heirs.

How Can a HECM Help You?

Supplement Retirement Income – Turn a portion of your home’s value into tax-free funds to cover living expenses, healthcare, or travel.
Pay Off an Existing Mortgage – Eliminate monthly mortgage payments and free up cash flow.
Establish a Line of Credit – Create a financial safety net that grows over time and can be accessed when needed.
Age in Place – Stay in the comfort of your own home without the stress of monthly mortgage obligations.

Common Myths About HECMs

“I’ll lose ownership of my home.” – False. You retain ownership and your name stays on the title.
“My heirs will be stuck with the debt.” – Not true. HECMs are non-recourse loans, which means your heirs will never owe more than the home’s value.
“It’s only for people who are desperate.” – Not at all. Many financially secure seniors use HECMs as a smart retirement planning tool.

Why Choose My Reverse Options?

We know the reverse mortgage industry hasn’t always had the best reputation. That’s why our approach is built on:

Transparency – We’ll explain every detail in plain language.
Personalization – Your situation is unique, and your options should be too.
Trust – We treat every client as if we were advising our own parents.

Risks of Inaction

By not exploring a HECM, you may:

Miss out on additional retirement income.
Struggle under unnecessary monthly mortgage payments.
Leave your financial future more vulnerable to unexpected expenses.

Let’s Talk About Your Options

Every family’s story is different — and so is every HECM. If you’re curious whether this is right for you, we’d love to walk you through it step by step. No pressure, no obligation — just honest guidance.

📞 Call us today at (877) 611-6226 to learn more about how a HECM could fit into your retirement plan.