Reverse Mortgage Appraisal Guidelines Home Equity Conversion Loans About HECM Loans – Liberty Home Equity Solutions – A Home equity conversion mortgage (HECM) is a loan that allows you to access a portion of your home equity and convert it into tax-free 1 retirement funds. With this type of loan, you maintain the title to your home.

Reverse Mortgage Basics. Tim Lucas Editor. May 17, 2013. Quite simply, a reverse mortgage is a loan that pays the borrower instead of the borrower paying the.

Reverse Mortgages Of Basics – unitedcuonline.com – The Basics of Reverse Mortgages A reverse mortgage is a specific type of loan taken out against your home that subsequently allows you to convert a specific percentage of your equity into tax-free money without.

Reverse Basics. What is a REVERSE MORTGAGE ? In its most basic sense, a reverse mortgage is any loan secured by a home, where repayment is deferred to a later date. Generally, a reverse mortgage is paid back when the home sells in the future.

A reverse mortgage lets homeowners use their home’s equity for monthly income, a line of credit, or a lump sum of cash. But there are rules.

Reverse Mortgages In California Reverse Mortgages of Southern California has earned a reputation for being an established reverse mortgage loan company serving the South Bay area in the form of reverse mortgages, HECM, reverse mortgage loans, home equity conversion mortgages, HECM for purchase, mortgage loans, mortgage refinancing, home equity loans and adjustable rate.

A reverse mortgage is a type of mortgage in which a homeowner borrows money against the value of their house, either in the form of a monthly payment or a line of credit. The borrower isn’t required to pay back the money, until he or she moves away, sells the property, or dies.