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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