Page 1 - AAG032_Help Build Sales in Your Community

TM

Increase closings in your
communities

Boost your buyers’
purchasing power

Help buyers find a home
they love, with no monthly
Help build sales in 1 Borrower must continue
mortgage payments
1
your communities homeowner’s insurance, and
to pay property taxes,
home maintenance costs.
with this powerful financial tool!

Give Your Senior Clients More Options

With a Home Equity Conversion Mortgage (HECM) for Purchase loan, everybody wins!

This unique government-insured loan can help to increase your closing opportunities
and move more inventory. Your buyers age 62 and over may receive significant financial
advantages that could help them live more comfortably and enhance their financial security.
With 10,000 baby boomers turning 65 each day , this powerful financial planning tool can
2
open up a new market segment for you, allow you to close deals on higher-value properties,
and potentially involve you in two transactions at once.

HECM for Purchase a NEW Home +$175,740
Purchase Loan Your client finds a NEW DOWN PAYMENT
3
example
home for $300,000.
Your client, a +$124,260
homeowner age Use $175,740 as a down HECM TO COMPLETE
65, sells their payment. PURCHASE
existing home Use $124,260 from a
for $450,000. HECM for Purchase loan
to complete new home $300,000
purchase. NEW HOME PURCHASE
PRICE

Your client ends up with a $300,000 home, $274,260 in their
1
savings account, and no monthly mortgage payments .
1 Borrower must continue to pay property taxes, homeowner’s insurance, and home maintenance costs.