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Preston Schmidt

Preston Schmidt

Loan Officer
Movement Mortgage
NMLS ID # 967829
2085 County Rd D, Ste B-200, Maplewood, MN 55109
Dial Phone Number
p: (651) 319-2000
f: (651) 378-1883
Send E-mail to
e: preston.schmidt@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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Preston Schmidt
Preston Schmidt
Loan Officer
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2085 County Rd D, Ste B-200, Maplewood, MN 55109
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NMLS # 967829

State License #MN-MLO-967829, WI-967829