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Matt Illiano Headshot

Matt Illiano

Branch Leader
Movement Mortgage
NMLS ID # 1657601

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...

Matt Illiano Headshot
Matt Illiano
Branch Leader
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1150 South Ave, Ste 304B, Staten Island, NY 10313
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NMLS # 1657601

State License #CT-LO-1657601, DE-MLO-1657601, FL-LO114568, GA-1657601, IL-031.0080335, MD-1657601, NJ, NY-Licensed Mortgage Banker-NYS Department of Financial Services, PA-102364, TX-SML, VA-MLO-66872VA