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Derek Levy headshot

Derek Levy

Loan Officer
Movement Mortgage
NMLS ID # 1632792
231 Union Blvd, First Floor, Totowa, NJ 07512
Dial Phone Number
p: (201) 693-0450
o: (908) 430-0283 x19046
Send E-mail to
e: derek.levy@movement.com
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Movement Blog

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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...

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Derek Levy headshot
Derek Levy
Loan Officer
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231 Union Blvd, First Floor, Totowa, NJ 07512
(opens in a new tab)
NMLS # 1632792

State License #FL-LO119004, NJ