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Eric Formiller

Market Leader
Movement Mortgage
NMLS ID # 485383
27401 Los Altos Suite 100, Mission Viejo, CA 92691
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p: (310) 308-7144
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e: eric.formiller@movement.com
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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...

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Eric Formiller Headshot
Eric Formiller
Market Leader
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27401 Los Altos Suite 100, Mission Viejo, CA 92691
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NMLS # 485383

State License #CA-DFPI485383