Are you at Least 62? What if you could buy your next home with no monthly mortgage payments
Consider a FHA mortgage program known as the home equity conversion mortgage.
Available to those 62 and better
No monthly mortgage payment
Minimal income and credit requirements
No employment verification
Not personally liable for the debt(including heirs)
FHA-insured
Homeowners remain solely on title
Closing costs may be financed into Mortgage
If you dream about a new home with modern design, amenities, and low maintenance, then you owe it to yourself to learn about a powerful alternative to using traditional financing or paying cash to purchase your next home.
The Home Equity Conversion Mortgage for purchase, or H4P for short, allows you to potentially double your purchasing power and significantly reduce your out-of-pocket expenses
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