Details
Many seniors have significant home equity that could be used to help pay for everyday high expenses or medical bills while continuing to age safely in their current homes.. This financial product has received mixed coverage over the years, but in the right situation, it can make a lot of sense to tap into the equity in your home. The HECM program (short for Home Equity Conversion Mortgage) provides a great way to do this. This option allows seniors to access their home's value avoiding the need to sell and relocate.
Learn more about our Home Equity Conversion Mortgage:
Requirements
Receive counseling before taking out this loan
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Start the registration process here for our Reverse Mortgage counseling.
Returning Clients
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Contact Info
Phone : (631) 471-1215 ext 5393
Email : homeownershipcenter@cdcli.org
Disclosure
We are a nonprofit exempt mortgage banker. Loans are arranged through third-party vendors. CDLI Funding Corporation is a Fair Housing and Equal Opportunity lender.
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Reverse Mortgage
Access your home equity to cover expenses while aging in place.
