Potential Benefits

• Eliminate monthly mortgage payments. *Borrower must continue to pay property taxes, homeowner’s insurance and home maintenance costs.

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• Extend retirement savings.

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• Use a HECM line of credit to build a safety net for unplanned emergencies, home repairs and healthcare expenses, or to preserve investment accounts during market downturns.

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• Supplement your retirement income with monthly payments.

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• Use a HECM for Purchase to buy a home that better fits your needs.

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• Support aging in place expenses, such as caregiving or home modifications.