Workshop

    Name(s) *

    Email Address *

    Phone *

    Street

    City

    ZIP

    Mortgage Balance(s)

    Date(s) of Birth

    Tell me what you are trying to achieve:

    close

    Read Reviews from Maggie’s Satisfied Clients!

    Call Maggie O'ConnellCall (775) 770-0870

    It takes money to maintain a long, comfortable and financially secure retirement. But you don’t need to count your penny’s and sacrifice the lifestyle you want. The solution is right under your roof! I hope you attend one of my reverse mortgage workshops, and invite your friends to attend. You will learn how the program works, understand the misconceptions and go away with facts about reverse mortgages. With a good understanding, you can make good decisions.

    Follow Us

    twitterlinkedinrssyoutubetumblr

    HECM Reverse Mortgage for Home Purchase

    A reverse mortgage for purchase allows you to take out a reverse mortgage within your purchase transaction.  You must have a large enought cash down payment to meet the HECM loan amount based on the youngest borrower’s age and current interest rate. And you need to meet income and credit requirements and since there are no mortgage payments to make, those requirements are easier than traditional mortgages.  There has been a big increase in the use of HECM reverse mortgages in Nevada as Real Estate Agents and buyers recognize the benefit.  Sellers are now more willing to accept offers with Reverse Mortgage financing as it is now more mainstream. Get into your new home at a Nevada Active Adult Community 55+, or downsize and put money in the bank from the sale of your larger home. Option open up to you with this helpful program.                      Learn more: HECM for Purchase FAQ        HECM for Purchase Guidelines

    To find out your down payment requirement and how much home you can afford, submit your request here.

    Facebooktwitterredditlinkedintumblr