THE HP4 PROGRAM BROKEN DOWN…
PRODUCTS WE OFFER
We offer Fixed and Adjustable rate products to refinance or purchase a home using the HECM. We do not offer Jumbo loans at this time.
There are several ways to receive the funds from the HECM including:
A single lump sum disbursement
Equal monthly disbursements for as long as the consumer remains in the home
Equal monthly disbursements for a set amount of time according to the consumer’s choosing
A line of credit, in which funds are available to be drawn upon whenever the consumer chooses
A combination of monthly disbursements and a line of credit
We understand the necessity for a fast and smooth closing, especially when it comes to purchases. That’s why we have an exclusive H4P Express process to expedite purchase loans and ensure your closing date is met! To find out more about our quick and easy process, please contact us.
We believe that education is key to becoming successful in the reverse mortgage industry. That’s why we offer weekly webinars for our approved broker partners on various topics ranging from HECM basics, to financial assessment guidelines, how to submit a loan and using the HECM for a purchase loan. To view our current training calendar and register for the webinars, log in under the “resources” tab and select the training calendar.
If you’d like to schedule a customized training for your team, please fill out the contact form below and one of our Account Executives will be in touch with you.
INTERESTED IN A TRAINING?
Please fill out the form.