Do my heirs lose the house?

Name: Francisco Williams — Mortgage Broker
Address: 552 E Badillo St, Covina, CA, 91723, US
Telephone: (213) 880-8107
Price range: $$

Heirs can keep it by paying the balance or selling. That is the structure. Counseling covers it. I will not oversimplify it on a card.

Borrowers

Seniors and home equity. Reverse is a product. It is not a gift.

HECM (FHA reverse) and proprietary jumbo reverse exist for homeowners who meet age and occupancy rules. HUD counseling is required on HECM. I will not sell it as free money.

Let's sort this Typical documents (213) 880-8107

/loan-programs/reverse-mortgage-hecm
/loan-programs/jumbo-reverse
HELOC is the other equity path if you still want a payment.

HECM HELOC

Do my heirs lose the house?: Heirs can keep it by paying the balance or selling. That is the structure. Counseling covers it. I will not oversimplify it on a card.

Not an approval. Not a rate. Overlay at lock. NMLS #1858674.