HECM FOR PURCHASE: Tap into a BOOMING Demographic

Did you know that, according to the 2024 NAR Generational Trends report, 52% of sellers are seniors and 35% of homebuyers are age 59 and older having purchased over 1.4 million homes in 2023? Now imagine the potential when you can provide these clients with the flexibility to purchase a new home without mandatory monthly principal and interest payments!*

What is a HECM for Purchase?

Simply put, a HECM for Purchase enables your older clients to buy a new house or condo by combining a one-time investment of their funds with reverse mortgage loan proceeds. But unlike traditional mortgages, mortgage payments are optional. This means clients aged 62 and up can maximize their cash flow and purchasing power in retirement, all while you boost your closings and commission.

Learn from a Certified Expert

Join industry veteran and Certified Reverse Mortgage Professional (CRMP) Jeff Cota to discover how HECM for Purchase financing can help you:

• Increase listings for 62+ buyers: Attract and serve a growing demographic
• Enhance purchasing power: Empower older clients to buy their dream home for retirement
• Boost closings with 62+ buyers and sellers: Streamline the buying process for older clients
• Increase commissions and referrals: Position yourself as a trusted resource

Why Attend?

It’s time to offer your 62+ clients the funding options they want and need. Set yourself—and your services—apart by recommending HECM for Purchase financing. Save your seat to learn how easy it is to incorporate this strategic tool into your business!

* Borrowers must keep current with ongoing loan obligations, including property taxes, insurance, and maintenance.