Qualifying Seniors Claim Up to $625,500 in Guaranteed, Tax-Free "HECM" Income
Government Offers Senior Cash Conversion Program
Seniors have been hit especially hard by America’s economic problems.
And with the cost of living shooting sky-high, many have been forced to choose whether to buy food or life-saving medicine. Retirement dreams have been dashed on the rocks.
And that's why the government approved the HECM “bailout” program. This Home Equity Conversion Mortgage (HECM) program let’s seniors convert their home equity into cash.
Qualified seniors can receive up to $625,500 in tax-free income1.
How to Receive HECM Benefits
If you qualify for the HECM program, you can take your money several ways:
Equal monthly payments for as long as you qualify... Or equal monthly payments for a fixed period of time.
You may take unscheduled payments – whenever you like – until the benefits are exhausted. Or some combination of the above.
And finally, you may claim a single lump sum payment.
Do You Qualify? And for How Much?
To qualify for the new "HECM" program, you must be over 62 years of age.
You must live in your own home... Or a 2 to 4 unit building you own. AND:
You must work with an approved HECM counselor.
These government-approved counselors explain everything and guide you step-by-step through the approval process.
They can also tell you right away if you qualify – and about how much you can expect.
The payout calculations are complicated with a lot of moving parts.
The easiest way to figure out how much you could receive is to speak with a government approved HECM counselor.
Interested? Instantly search ads below to find out how much you might receive.
Article sponsored by reversemortgageinfopro.com
1. https://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/hecm/rmtopten