HousingWire’s RMD spoke with two real estate agents about the HECM for Purchase program as a viable source of business.

An HECM for Purchase is an option for seniors who ... limit ($726,525), All Reverse Mortgage offers a proprietary reverse mortgages program. All Reverse loan amounts are available up to $4 million ...

With a reverse mortgage “for purchase,” you can even buy a retirement ... $6,000 for homes worth more than $400,000. But the FHA program doesn’t require lenders to charge the maximum ...

With over three years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed ...

Roberto Jimenez Mejias / Getty Images If you’ve ever seen an advertisement for reverse mortgages, odds are it involved a home equity conversion mortgage (HECM). These federally insured loan ...

The couple sold their home and used a "reverse mortgage for purchase" to move into a one-story house nearby last summer. "Now I take what would have been my mortgage payment and put it in savings ...

Graves: They’re especially useful as a financial reserve for emergencies, home repairs, or market downturns. For example, instead of withdrawing from investment accounts during a market dip, retirees ...