See Average Mortgage Rates

Get Started Now

Average Refinance Rates,
   Product:                      Today        LastWeek
Compare Rates in your area:
Ten Day Close
You are here: Home » Archives for FHA HECM for Purchase

Posts tagged as:

FHA HECM for Purchase

FHA HECM for Purchase Program: From The Inbox

by Justin McHood Arizona Home Financing Options

We have been getting more than just a few questions lately about the FHA HECM for Purchase program – where seniors can purchase a home using the FHA HECM reverse mortgage program.
Here is one recent question that came in from Frank who is thinking about buying a home in Queen Creek using the FHA HECM [...]

Read the full article →

How To Buy A House With A Reverse Mortgage: No Down Payment, No Monthly Payments. Ever.

by Justin McHood Arizona Home Financing Options

If you are senior who just happens to want to live in Arizona, now is your chance to buy a house with no down payment and make no mortgage payments for as long as you live in the home.
Re-read that last part.
Buy a home in Arizona, make no down payment and make no mortgage payments [...]

Read the full article →

FHA HECM for Purchase Program: The Best Loan Ever?

by Justin McHood Arizona Home Financing Options

The FHA HECM for Purchase – New as of January 1, 2009
Is the new FHA HECM for Purchase program the best way to buy a house? If you are a senior, it is hard to beat.
Imagine the following scenario:

You find a house that has an appraised value of $150,000.
The seller is willing to sell you [...]

Read the full article →