Realtors & Builders
HECM for Purchase
A HECM for Purchase (H4P) Program can help you tap into the vital 62+ age market, to create more foot traffic and sell more homes.
- Every day, over 10,000 Baby Boomers turn 65
- There’s over $4 trillion in home equity held by homeowners age 62+
- By 2030 20% of the U.S. Population will be 65 or older
- Today 1/4 of all home buyers are age 60 and above.
Additional Information


Learn how our Home Equity Conversion Mortgage (HECM) for Purchase program can help you tap into the vital 62+ market, to create more foot traffic and sell more homes.
Everyday, over
10,000
Baby Boomers Turn 65
By 2030
20%
of the U.S population will be 65 or older
Today
1/4
of all home buyers are age 60 and above
There’s over
$4 Trillion
in home equity held by homeowners age 62+
HECM (Home Equity Conversion Mortgage) for Purchase
Realtors & Builders – Learn how the H4P (HECM For Purchase) can capture new customers and expand your business.
There is a great opportunity in the 62+ market
Sell More Homes
- Increase purchasing power – Makes purchasing a higher-priced home with upgrades or amenities easier to afford.
- Capture new customers – Baby boomers age 62+ don’t want a monthly mortgage payment, but aren’t hesitant to use the majority of their assets to purchase a new home.
- Set yourself apart – Be the professional in your market who’s familiar with the program
- Sell homes faster – Customers must often wait to get the highest price for their departure home; H4P (HECM for Purchase gives them more financial freedom to buy their house faster)
Attention Builders: As of September 19th, 2017, FHA no longer requires that the Certificate of Occupancy be issued before a H4P (HECM for Purchase) application. This rule was cumbersome and made no sense as it was a big hindrance for Builders and Realtors.
Benefits of H4P (HECM for Purchase) - Starting the conversation with a customer.
- Non-recourse, FHA-insured loan. Borrowers and heirs are not responsible for any amount of the loan balance that exceeds the value of the home.
- Alternative to a traditional mortgage or paying all cash, exclusively for people age 62 or older.
- One-time upfront investment of about 45% to 65%of the purchase price, depending on borrowers age; H4P finances the rest.
- Reverse Mortgage Jumbo loans are also available up to $4 Million - Learn More Here