Builder Inventory At An All Time High
New build inventory is at an all time high right now. With rates going up and borrowers not qualifying on the forward side, if you have a borrower 55 years old or over, a HECM for purchase might be exactly what your buyer needs to purchase their dream home. With a home equity conversion mortgage purchase we are putting more seniors in homes that fit not only their budget but also their lifestyle.
The Reverse Mortgage Division is guaranteeing a 15 day close on all HECM for Purchase loans. We will work directly with your borrower and realtor partner to get them into any new construction home that is move in ready within 15 days. Reach out to the Reverse Mortgage Division today to learn how you can help your buyers get the home of their dreams!