Reverse Mortgage for Purchase



reverse_for_purchaseThe newest product on the market, Reverse Mortgage for Purchase!

The Home Equity Conversion Mortgage (HECM) was launched in 1988, but has only gained popularity. In 2009, the FHA HECM product was expanded to include the purchase of a new home for anyone over the age of 62.  This class is designed to educate the borrower as well as the Realtor on how a qualified couple or individual can use the proceeds from their reverse mortgage to purchase a new primary residence in the single transaction.

Call 633.8483 or Fill out the form to Register

 

GARVENS GROUP OF CHURCHILL MORTGAGE PROVIDING COLORADO SPRINGS WITH HOME MORTGAGES, VA LOANS, CONVENTIONAL LOANS, AND FHA LOANS
Company NMLS ID # 1591 (www.nmlsconsumeraccess.org); CO–Mortgage Company Registration, Churchill Mortgage Corporation, 104 S Cascade Ave. Ste. 201A, Colorado Springs CO 80903-5102, Tel 888-562-6200, Regulated by the Division of Real Estate
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