What is a HECM Loan?
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Amanda Byford has bought and sold many houses in the past fifteen years and is actively managing an income property portfolio consisting of multi-family properties. During the buying and selling of these properties, she has gone through several different mortgage loan transactions. This experience and knowledge have helped her develop an avenue to guide consumers to their best available option by comparing lenders through the Compare Closing business.
Amanda Byford
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About HECM A Home Equity Conversion Mortgage (HECM), and is the only reverse mortgage insured by the U.S. Federal Government and it is available through an FHA-approved lender.  HECM is the FHA’s reverse mortgage program and… Continue Reading What is a HECM Loan?