Financial Advisors

Become a HECM Partner

If you are looking to add variety to your clients’ financial plans and attract new customers, it’s essential to keep your wealth management toolbox up to date. Partnering with a reverse mortgage expert who understands the rules and qualification criteria will set you apart in your market. We can help you determine when a home equity conversion mortgage (HECM) is the right choice for your client.

HECM Facts for Financial Advisors

A home equity conversion mortgage (HECM), or a reverse mortgage, is a loan insured by the Federal Housing Administration that allows homeowners age 62 or older to use a portion of their home’s equity to obtain tax-free funds while avoiding monthly mortgage payments.

Home equity conversion mortgages are nonrecourse loans, meaning that when the home is sold to repay the loan, the homeowner and heirs will never owe more than the loan balance or the value of the property, whichever is less.

A reverse mortgage may be used for either purchase or refinance.

A home equity conversion mortgage for purchase is a reverse mortgage that allows borrowers age 62 and older to purchase a home without taking on monthly mortgage payments.

With a home equity conversion mortgage for refinance, your client can choose to receive their funds as:

  • Lump sum
  • Line of credit
  • Monthly payments
  • Combination of the above options
Senior reverse mortgage borrower walking behind his wife

Expand Your Business

  • Attract new customers in the growing population of retirees and Baby Boomers.
  • Set yourself apart by being the professional in your market with reverse mortgage experience.
  • Sell homes faster when your buyers have greater financial flexibility with H4P.

Benefits for Buyers

  • Increased purchasing power
  • Nonrecourse loan insured by the Federal Housing Administration
  • Exclusively for borrowers age 62 and older
  • Alternative to a traditional mortgage
  • One-time investment with no monthly mortgage payments

Let’s Work Together

Please contact us to help guide your clients through the reverse mortgage loan options that will best fit their needs. Call (208) 743-1005 or email us at