The HECM or Home Equity Conversion Mortgage is a loan program offered by the HUD to allow homeowners to turn their equity into cash. If you’re plotting to buy another property, like a Coral Gables real estate home, an HECM is a fantastic option to afford it.
Continued here:
Buy a Coral Gables Real Estate Property through Reverse Mortgage (Turks.US)
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Tags: congress, coral, coral-gables, equity, hecm, hecm-or-home, HUD, loan program, mortgage, property, real estate, supportive housing, urban development
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