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Carol Duermit profile image

Carol Duermit

Loan Officer
Movement Mortgage
NMLS ID # 659038

Mortgage Sense

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September 25, 2024

What Is A HECM Debt Consolidation?

For homeowners age 62 and older*, the federally backed Home Equity Conversion Mortgage (HECM) is the most common reverse mortgage product. Over the last 15 years, the HECM has undergone significant changes, becoming a popular tool for retirees...

Carol Duermit profile image
Carol Duermit
Loan Officer
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230 Hilliard Ave suite 1, Asheville, NC 28801
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NMLS # 659038

State License #FL-LO128099, GA-659038, NC-I-179726, SC-MLO – 659038, TN-659038