Bill Morris.
Surviving Retirement with a HECM.

This topic affects seniors. Bill and Daryl cover an FHA program, that has the slogan, “Use your home to stay at home.” Many of us face an unhappy situation when we’re retired and our income is drying up or our expenses begin increasing out of control. There comes a point we can no longer afford the cost of our existing housing.

This government program allows a senior to take a small amount out of the home to relieve immediate stress, and it converts the mortgage to a HECM Optional Payment Mortgage. You will not lose the house if you miss or stop making the payments. billmorrisspeaker.com.