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Part 1: Reverse Mortgage or the Home Equity Conversion Mortgage (HECM)

March 29, 2018 by The Boulder Property Network

In 1988, Federal Housing Administration (FHA) reverse mortgage insurance legislation was signed by President Reagan. The only reverse mortgage insured by the Federal Government is called the Home Equity Conversion Mortgage (HECM) and is only available through an FHA approved lender. Although reverse mortgages have been around for some time, they are gaining popularity now […]

Filed Under: Boulder Real Estate Blog, Duane's Timely Topics, Radio Show Timely Topics Tagged With: Reverse Mortage

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