Between 2007 and 2016 16 million residents moved out of California; many of whom were seniors retiring to different states. The HECM for purchase program allows seniors to take the equity from their current home sale and purchase a new home with a large down payment. They move in and NEVER have a single mortgage payment for the rest of their lives. For many people the largest expense in retirement is their mortgage payment, A reverse mortgage frees you up to live the retirement you have always dreamed of. If you know someone that has already moved and looking to take equity out of their home with a reverse mortgage, we can help them with that also. They can get a lump sum payout, a guaranteed monthly check for life, or leave it in a Line of Credit – any money left in the LOC grows, compounding annually.
HighTechLending Inc. is currently licensed in the following states: