HECM Program | Buy Your Dream Home With No Monthly

Mutual of Omaha Mutual of Omaha Mortgage, Inc. dba Mutual of Omaha Reverse Mortgage, NMLS ID 1025894. 3131 Camino Del Rio N 1100, San Diego, CA 92108.

Actived: Monday Nov 30, 2020

URL: https://hecmprogram.com/

Frequently Asked Questions | HECM Program

Details: The closing costs are similar to a regular FHA mortgage. 2% of appraised value of the home is paid at closing to satisfy the up-front mortgage insurance premium payment. This premium is financed into mortgage and not paid out-of-pocket. There are also standard third party fees like title, appraisal, and recording of the lien.

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HECM Program | Buy Your Dream Home With No Monthly

Details: *Youngest borrower age 62. Annual LIBOR Rate of 3.093% as of August 1, 2020. Recent interest rates range from 3.987% – 4.922% APR. Loan becomes due and payable upon a maturity event such as no longer maintaining the home as your primary residence or failure to remain current on property taxes, homeowners insurance, or condo fees.

› Verified 2 days ago

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› Get more:  Homeowner,  CondoGo Now

HECM Testimonials | HECM Program

Details: *Borrower remains responsible for payment of property taxes, homeowner’s insurance, the cost of home maintenance, and any HOA fees. The right to remain in home is contingent on satisfying loan terms.

› Verified 15 days ago

› Url: https://hecmprogram.com/hecm-testimonials/ Go Now

› Get more:  HomeownerGo Now

Privacy | HECM Program

Details: Mutual of Omaha Mortgage, Inc., NMLS ID 1025894. Alabama Consumer Credit License #22123. Florida Mortgage Lender License MLD1079. Georgia Mortgage Lender License #46648.

› Verified 18 days ago

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› Get more:  MortgageGo Now