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Steve Schutt

Steve Schutt

Branch Leader
Movement Mortgage
NMLS ID # 342876

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...

Steve Schutt
Steve Schutt
Branch Leader
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1054 John Sims Parkway, Niceville, FL 32578
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NMLS # 342876

State License #AL-84247, AR-128099, CO-100536605, FL-LO85230, GA-342876, IL-031.0076927, LA, MN-MLO-342876, NC-I-207795, OH-MLO-OH.342876, SC-MLO-342876, TN-342876, TX, VA-MLO-60872VA