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HECM for Purchase

Buy a home without monthly mortgage payments.

The Home Equity Conversion Mortgage (HECM) for Purchase allows older Americans to buy a new home with a reverse mortgage rather than a traditional one, eliminating monthly payments in the process. HECM for Purchase can also increase your client’s buying power or allow them to keep more money in their bank account.

Caring for Loved Ones

HomeSafe® for Purchase

Open more choices to access your home equity.

Homesafe is a reverse mortgage exclusively from FAR that maximizes your clients’ purchase power with loan limits up to $4M and no mortgage insurance premiums.

Using a Reverse to Purchase Second Home.

A Reverse Mortgage on your primary residence can provide cash proceeds to purchase a second home, vacation house, or investment property.

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