Forgotten Your Password?

Need to Register?

Question Icon

what is the difference between a HECM and Reverse Mortgage?

by wbarker943 from Tempe, Arizona. 12 days ago Reply


Steven Brand (stevenbrand)
#2 ranked lender in Minnesota - 103 contributions

By definition... these are the same thing. Are you looking to do a Reverse Mortgage now for yourself... or just asking the question?

12 days ago
1
0
William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,659 contributions

They are the same.. a Home Equity Conversion Mortgage (HECM) is FHA/HUD's name for a reverse mortgage. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / LendUS, NMLS 1938/ AZMB0121893

9 days ago
1
0
Subscribe to our news feed.