Home equity conversion mortgage (HECM) in Retirement

Didier Malagies • June 25, 2024


Payoff a Mortgage

Eliminatinga mortgage in retirement increases cashflow


Stand-by credit line

A retirement strategy where the homeowner uses the credit line as a bucket to draw from during bear markets.


Long term care protection

Set up credit line and let it grow untouched, to use only if needed


Emergency back-up

Set up a credit line to use only as needed


Tenure payments

Tax-free lifetime income stream, thereby reducing the need to make withdrawals from tax portfolios


Hecm for Purchase

Use the Hecm to purchase a new home and invest the difference for retirement


Divorce settlement

Use the Hecm to buy out a spouse's portion of the home without selling or withdrawing funds from portfolio





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 April 10, 2026
Middle East tensions got you worried? Refinance your mortgage to consolidate debt, lower payments, or invest in your future. Call today!
By DDA Mortgage April 6, 2026
Rising inflation straining your retirement? Explore how a HECM loan line of credit can help manage costs without monthly mortgage payments.
By DDA Mortage March 30, 2026
76% of homeowners have substantial equity. Explore debt consolidation, negotiation power, and building equity vs. renting. Contact DDA Mortgage today!
Show More