Page 3 - AAG119_HECM for Purchase Booklet for Builders
P. 3

Give Your Senior Buyers
      More Options


      With HECM for Purchase loans, you can:


         1.   Increase your value proposition by offering more
              financing solutions for your homebuying prospects

         2.   Position your company as both a builder and home
              solutions provider

         3.   Increase revenues and profits from more home sales


      The HECM for Purchase is an FHA-insured home loan that
      gives your homebuyers greater financial flexibility, control and
      certainty over the communities and homes they want to live in
      for a better retirement.



      With HECM for Purchase Loans, Your

      Buyers Can:


      3Consider more of your models for purchase
      3Buy a home closer to family and friends

      3Rightsize to a lower-maintenance home
      3 Buy a home more with more age-appropriate amenities and
         modifications
      3 Enjoy no monthly mortgage payments
         (borrower must continue to pay property
         taxes, homeowners insurance, and home
         maintenance costs)
      3 Enhance their liquidity by not making
         an all-cash purchase



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