HECM FOR PURCHASE: Tap into a BOOMING Demographic

HECM FOR PURCHASE: Tap into a BOOMING Demographic

Did you know the average age of homebuyers in 2024 reached a record high of 56, according to NAR? In fact, consumers aged 59 and older are buying and selling more homes collectively than any other age group, purchasing over 1.4 million homes!

This booming demographic is facing challenges like rising home prices and higher interest rates, creating a buying bottleneck for agents like you. But what if you could offer your clients a way to increase their purchasing power by 30–40% and have optionalmonthly mortgage payments* — unlocking homes they once thought were out of reach?

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

• Attract more 62+ buyers: Tap into a growing and motivated demographic
• Enhance purchasing power: Empower older clients to secure their ideal retirement home
• Streamline closings: Simplify the buying process for clients aged 62+
• Boost commissions and referrals: Establish yourself as a trusted advisor in this market

What is a HECM for Purchase?A HECM for Purchase enables your 62+ clients to buy a home or condo by combining a one-time investment of their funds with reverse mortgage loan proceeds. Unlike traditional mortgages, monthly payments are optional — giving your clients greater cash flow and purchasing power in retirement while helping you increase closings and commissions.

Why Attend?

Don’t let the market dictate your business growth. By offering HECM for Purchase financing, you can provide older clients with the funding solutions they need while setting yourself apart. Save your seat now and learn how easy it is to incorporate this powerful strategy into your business!

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