Page 1 - AAG033_Help Your Client Right Size Flyer

HELP YOUR

CLIENT RIGHT-SIZE

THEIR HOME

Help Your Client Purchase a
Home with a HECM Loan

Every day an estimated 10,000 baby
boomers turn 65*, which makes the

Home Equity Conversion Mortgage
(HECM) for Purchase Loan an
excellent way to help buyers 62 and
over purchase a new home without

monthly mortgage payments**.

**Borrowers must continue to pay property taxes,
homeowners insurance, and home maintenance costs.

Purchase Comparison for a 65-Year-Old Home Buyer***

Home Purchase $200,000 $300,000 $500,000 $700,000 $1,000,000
Price

Funds From $113,938 $168,738 $277,338 $384,938 $628,400
Borrower

Estimated Loan $96,400¹ $144,600² $241,000³ $337,400⁴ $396,385⁵
Proceeds
Monthly Loan $0 $0 $0 $0 $0
Payment**

Subject to change without notice. The APR for the examples above ranges from
5.039% to 5.267%. Includes closing costs.

For industry professionals only - not intended
for distribution to the general public.

AAG033