Mrs. S. of Massachusetts just closed her HECM reverse mortgage. - TopicsExpress

Mrs. S. of Massachusetts just closed her HECM reverse mortgage. She paid off her Home Equity Line of Credit eliminating the financial shock associated with her HELOC payment increasing to cover both principal and interest. As part of her HECM she also has access to a $200K Line of Credit (with a GROWTH factor), she can access for any emergency. How many of you and/or your clients are about to face the Shock of HELOC Principal and Interest Payments? Might a HECM reverse mortgage be the answer? Stephen Greenberg Reverse Mortgage Funding sgreenberg@reversefunding Direct Cell: 800-790-8580

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