
If you are like many, much of your net worth is tied up in your home. While this can be a safe place keep your money, and you love your house, you might want to use some of this capital to supplement your retirement income. HECM loan reverse mortgages help you to convert your existing home equity into cash that you can use how you see fit.
At FHL Texas, our team of expert loan originators and financial advisors can help you to better understand your options. If you have reached the age of 62, you have an additional tool in your financial toolbelt, known as a HECM (Home Equity Conversion Mortgage). This gives you the ability to convert your home’s equity into usable capital. Talk to our team at FHL Texas today to learn more about HECM loan reverse mortgages!
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