Archive for the ‘Conversion Loan’ Category

How The HECM For Purchase Program Is Useful To Gresham Home Buyers

Posted by wadmin on Thursday, May 30, 2019

  What Is The HECM For Purchase Program? The Home Equity Conversion Mortgage (HECM) for Purchase is a reverse mortgage that allows seniors, age 62 or older, to purchase a new principal residence using loan proceeds from the reverse mortgage. In 2009, the HECM for Purchase program began as a way to use a reverse […]

Reverse Mortgages Are Becoming More Accepted

Posted by wadmin on Thursday, March 14, 2019

Though reverse mortgages were once considered highly controversial, financial planners are beginning to see reversing your mortgage as a legitimate option for those who struggle with retirement savings. More and more people are finding it difficult to save up for a retirement fund. However, home equity “conversion” loans can aid those who have struggled to […]

Consumer And Commercial Loan Officers With Stonebridge Mortgage

Posted by wadmin on Friday, February 10, 2017

When you think of loans and integrity, Stonebridge Mortgage should be the first name that comes to mind. We understand how important it is to match a person with a loan that meets their needs and abilities. It’s why we take the time to match our lenders and consumers. Your Stonebridge Mortgage Group Loan Officer is here to […]