One Reverse Mortgage offers three types of home equity conversion mortgages, all of which are insured by the FHA. Aside from specific requirements of the loan, we can customize the loan to your individual need.
At One Reverse Mortgage, our licensed specialists are here to answer questions and help with your decision. One of the great advantages of working with us is that your licensed specialist is with you throughout the entire process.
The Adjustable Rate HECM is an option that provides financial flexibility. The Adjustable Rate HECM can be utilized in the following ways:
The Fixed Rate HECM disburses money in one lump sum and locks the interest rate in place at the time of closing. The interest rate is the same for the duration of the loan. This loan option is typically used to: