🔑 Reverse Mortgage (HECM)
Your home worked for you. Now the equity can, too.
A Home Equity Conversion Mortgage (HECM) — the FHA-insured reverse mortgage — lets homeowners 62 and older convert part of their home equity into funds they can use, while continuing to live in and own their home. There is no required monthly principal-and-interest payment; borrowers remain responsible for property taxes, homeowners insurance, and home maintenance. Debbie is a trained Fairway reverse mortgage planner, and this program is personal for her — it kept her own mother in her home for years.
Is this you?
Reverse Mortgage (HECM) tend to be a great fit for…
- Homeowners 62+ who want to stay in their home and ease monthly cash flow
- Retirees who are equity-rich but want more flexibility in retirement income
- Buyers 62+ using a HECM for Purchase to right-size without a monthly mortgage payment
- Families planning ahead so a surviving spouse can remain in the home
Questions friends actually ask
Reverse Mortgage (HECM): straight answers
Do I give up ownership of my home with a reverse mortgage?
No. You retain title and ownership. The loan becomes due when the last borrower permanently leaves the home, sells, or passes away — and you or your heirs keep any remaining equity after the loan is repaid.
What are my responsibilities with a reverse mortgage?
You must live in the home as your principal residence, stay current on property taxes and homeowners insurance (and any HOA dues), and keep the home in good repair. Meet those, and no monthly mortgage payment is required.
Can my spouse stay in the home if something happens to me?
This is exactly why the conversation matters. Structured correctly, an eligible spouse can remain in the home. Debbie walks through borrower and non-borrowing-spouse protections carefully before anything is signed.
Is counseling really required?
Yes — every HECM borrower completes an independent counseling session with a HUD-approved agency before applying. It’s a consumer protection built into the program, and Debbie thinks it’s a genuinely good thing.
Keep exploring
Conventional Loans
The workhorse of home financing — flexible terms, competitive costs, and down payments as low as 3% for first-time buyers.
Learn more →FHA Loans
The first-time buyer favorite — 3.5% down, friendlier credit requirements, and forgiving guidelines for real-life finances.
Learn more →VA Loans
For those who served — $0 down, no monthly mortgage insurance, and some of the strongest terms in all of lending.
Learn more →Not sure if reverse mortgage (hecm) are right for you?
That’s literally what Debbie is for. One conversation, all your options side by side, zero pressure to move forward.