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Toby Stanfield Headshot

Toby Stanfield

Loan Officer
Movement Mortgage
NMLS ID # 115244

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...

Toby Stanfield Headshot
Toby Stanfield
Loan Officer
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620 Green Valley Rd, Ste 208, Greensboro, NC 27408
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NMLS # 115244

State License #NC-I-159335, SC-MLO - 115244, VA-MLO-68169VA