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house-hecmAlmost 90% of seniors can receive a Home Equity Conversion Mortgage (HECM) Loan. HECM loans are through a reverse mortgage program that is regulated by the FHA. HECM loans allow you to liquidate part of the equity saved in your home, or you can receive a large lump-sum payment when your mortgage closes.

You will be required to discuss your reverse mortgage loan with a HECM counselor. Once we determine whether you and your property are eligible for a loan, and this is the right decision for you, you will be able to apply for the loan. We will walk you through the entire process and help you fill out all of the proper paperwork.

During our consultation, we will figure out the amount that you will be able to receive for your reverse mortgage loan. The amount is based on different factors such as:

  • Age of the homeowner and spouse
  • Value of home or the FHA’s HECM mortgage limit
  • Current interest rates
  • Mortgage insurance rates


If you are interested in receiving a reverse mortgage loan but you still have questions, our experts are ready to help. We can help you during every part of the process. We have a financial planner that can look through your assets and help you make the best decision. Give Reverse Mortgages of Southern California a call today and we will set you up with a HECM Loan quickly.