Videos

HECM BASICS

Video Name Video Video Description
HECM Loan Origination Process Video that describes the Home Equity Conversion Mortgage (HECM) Loan Origination Process
How HECMs Help in Real Life Video that describes real life examples of how HECMs help in retired life
How HECMs Help in Retirement Video that describes how a Home Equity Conversion Mortgage or HECM can help in Retirement
How to Qualify for a HECM Video that explains how to qualify for a Home Equity Conversion Mortgage or a HECM
How Much Does a HECM Cost Video that describes how much it can cost to obtain a Home Equity Conversion Mortgage
Is a HECM Right for you Video that will help you find out if a Home Equity Conversion Mortgage is a Good Choice for You and Your Family?

HECM PRODUCT SOLUTIONS

Video Name Video Video Description
HECM vs HELOC Video that describes why it might be better to take a Home equity Conversion Mortgage (HECM) versus a Home Equity Line of Credit (HELOC)
How HECMs Help in Bankruptcy Video that describes how a HECM Reverse Mortgage can help after a Bankruptcy
How HECMs Help in Divorce Video that explains how the financial impact of a divorce can be helped with a Reverse Mortgage or a Home Equity Line of Credit
How HECMs Help in Home Purchase Video that describes the advantages of using a HECM for Purchase (H4P) to buy a home
How HECMs Help with Long Term Care Video that explains how a HECM can help fund Long Term Care or buy a more suitable “Age-in-Place” home.
HECMs and Trusts Video that explains how trusts can be used with a HECM

HECM PRODUCT FEATURES

Video Name Video Video Description
HECM Maturity Events A Video that describes a Maturity Event (or when a Home Equity Conversion Mortgage (HECM) is called Due and Payable by the lender
HECM Misconceptions Video that describes the major misconceptions of a Home Equity Conversion Mortgage
HECM Reserves and Set-Asides Video that describes the reserves and set asides possible on a Home Equity Conversion Mortgage
How HECMs Gross Loan Amounts are Calculated Video that explains how much you can borrow on a reverse mortgage
How the HECM Program Gives You Home Appreciation and LOC Growth A Video that describes how HECMs consider future home value appreciation in determining your Loan To Value Ratios and what you can borrow and how the unused portion of a HECM line of credit can grow over time to a larger LOC

WHITEBOARD ANIMATION VIDEOS

Video Name Video Video Description
What is a Reverse Mortgage and How can it Help in Retirement? This is a brief video that explains the HECM, a Reverse Mortgage insured by the Federal Housing Authority FHA)
HECM Borrower Willingness Financial Assessment Explains FHA’s evaluation of a Borrower’s Willingness to meet their obligations to qualify for a HECM Reverse Mortgage
HECM Borrower Capacity Financial Assessment Explains FHA’s evaluation of a Borrower’s Capacity to meet their property charges obligations to qualify for a HECM Reverse Mortgage