What is a Lifestyle Home Loan?

A Lifestyle Home Loan is a powerful financing option designed specifically for homebuyers aged 62 and older. Also known as a Home Equity Conversion Mortgage for Purchase (HECM for Purchase), this loan allows qualifying buyers to purchase a new home without taking on monthly mortgage payments.

Instead, the loan is paid back when the home is sold or is no longer the borrower's primary residence.

Preferred Lender: Bob Tranchell / Mutual of Omaha Reverse Mortgage

If you or someone you know is considering a move in retirement, let’s talk about how a Lifestyle Home Loan could open up more possibilities than you thought possible!