Are you at Least 62? What if you could buy your next home with no monthly mortgage payments

Didier Malagies • June 13, 2024

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



Have A Question?

Use the form below and we will give your our expert answers!

Reverse Mortgage Ask A Question


Start Your Loan with DDA today
Your local Mortgage Broker

Mortgage Broker Largo
See our Reviews

Looking for more details? Listen to our extended podcast! 

Check out our other helpful videos to learn more about credit and residential mortgages.

By DDA Mortgage • October 5, 2026
Worried about mortgage rates hitting 8-9%? Higher rates impact affordability. Learn how to sell your home creatively with DDA Mortgage.
By DDA Mortgage • September 28, 2026
Navigate today's mortgage rates and home selling challenges. Learn how gas prices impact rates and why listening to your realtor is key.
By DDA Mortgage • September 21, 2026
Rates high? Learn how existing homeowners can sell faster by paying buyer closing costs to buy down rates. Make your home affordable and stand out!
Show More