Next Steps: Is a HECM Right For You?

Use this decision framework:

1. Do You Qualify?

• Age 62+?
• Own your home outright or have significant equity?
• Is this your primary residence?

2. Why Do You Want One?

• Retirement income supplement?
• Buffer against market downturn?
• One-time big expense?
• Legacy planning?

3. Can You Afford It?

• Can you pay ongoing property taxes?
• Can you maintain insurance?
• Can you maintain the home?

4. Have You Done This?

• Completed HUD-approved counseling?
• Gotten multiple lender quotes?
• Consulted an elder law attorney?

5. Talk to an HCP MLO

Meet with a licensed Homestead Capital Partners MLO to discuss your specific situation and get a personalized quote.

Request a Call

Compliance Notice: Borrowers must be 62 years of age or older. HUD-approved counseling is required. A reverse mortgage is not a government benefit. The loan becomes due and payable when the last surviving borrower no longer occupies the home as their primary residence or fails to meet the obligations of the mortgage.