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Michael Sallee headshot

Michael Sallee

Team Lead Loan Officer
Movement Mortgage
NMLS ID # 406308

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...

Michael Sallee headshot
Michael Sallee
Team Lead Loan Officer
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180 Clear Creek Dr, Ste 101 and 102, Ashland, OR 97520
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NMLS # 406308

State License #CA-DBO406308, OR, WA-MLO-406308