Reverse Mortgage for Home Purchase Program

Want to buy a replacement home that meets the needs of a changing lifestyle?  Maybe you would like to live in an association maintained community, closer to family, friends, services. If you are 62+, you can buy a home using all, or a portion, of the proceeds from the sale of your existing home.  You simply use a HECM For Purchase loan for the difference.  If you need to purchase a home that cost more than your existing home, this solves the problem, and you preserve your retirement assets. 

    Imagine the possibilities and NO mortgage payments:

  1. Downsize or up size to a more suitable retirement home.  A home that will accommodate a changing lifestyle. 
  2. Stay in your current home, with a standby source of cash.
  3. Payoff existing mortgage, credit cards, or make repairs

"As a Reverse Mortgage Program Specialist, and former Financial Advisor, I understand the financial challenges of aging.  I use a sound financial planning approach to help eligible 62+ homeowners determine suitability of a reverse mortgage.  Every situation is unique, and there is no one size fits all."    

                                                  Jack Benke, MMP, CEA   NMLS 322773


Disclaimer:  Descriptions and illustrations contained, in the content on this website, describing or illustrating the HECM Programs are not from HUD or FHA.  The website, documents, and/or illustrations were not approved  by the Department or Government Agency.

Unlock The "Tax Free" Liquidity In Your Home
A standby source of liquidity is at the ready.
Make needed home repairs or improvements. 
Travel, or vacation, while your health is good.
Draw a monthly cash disbursement or advance to help meet expenses. Supplement your income until you reach maximum SS eligibility.  Payoff an existing mortgage or Home Equity Line.

​Use the proceeds, as needed, to avoid premature depletion of your retirement funds.  The can help provide financial longevity to your retirement plan.

Specializing in Reverse Mortgage Programs.

​Direct 651-405-9105 Cell 651-398-3183

Reverse your thinkingfor a stable and secure retirement. Take the time to explore the FHA HECM Loan Programs.  They are the HECM for Purchase, and Traditional HECM for Refinance.​​