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Randy Porter

Market Leader
Movement Mortgage
NMLS ID # 120175

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...

Randy Porter headshot with transparent background
Randy Porter
Market Leader
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2200 Sixth Avenue, Ste 100, Seattle, WA 98121
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NMLS # 120175

State License #WA-MLO-120175