We offer a range of products and services to help meet the needs of individuals 62 and older. A popular choice among many of our customers is the FHA's Home Equity Conversion Mortgage; a Government Program for Seniors. It allows you to access the equity in your home in a variety of ways without making monthly payments. We proudly offer you the ability to take advantage of this program with no out-of-pocket expenses.

You retain the title to your home. Based on the property’s value, your age and the maximum credit line allowed by the Federal Housing Administration (FHA), you can use some of the financial equity you’ve built up in your home, tax-free. In fact, this cash can be used to pay off your existing mortgage balances.

The Home Equity Conversion Mortgage is insured by the FHA and funded by Fannie Mae, making it a safe and secure option. It ensures that you can stay in your home as long as you choose. If you decide to sell your home, the sale proceeds will be used to pay the balance on the plan and the remaining equity is yours to keep. If you should pass away, the equity in the home will pass to your heirs. Your heirs can choose to sell the home or refinance the balance of the plan through a traditional mortgage.

To be eligible, you must own your home and be at least 62 years of age. You don’t need to have existing income to qualify, and there are no health or credit qualifications.

Some homes do not qualify for the Home Equity Conversion Mortgage. These include homes that are less than one year old. Eligible home types include single family homes, two-to four-unit homes, condominiums, planned urban developments, townhouses, manufactured homes, and mobile homes. Cooperative apartments are not eligible in most states. Finally, your home must be Georgia or South Carolina for you to setup this plan with us.

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Call Toll Free at 866-554-5866

8AM to 8PM M-F
Chris Champlain
Loan Officer
Evans, GA 30809
Specializing in HECM Government Insured Reverse Mortgages
in Georgia and South Carolina