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Tod Mershon headshot

Tod Mershon

Team Lead Loan Originator
Movement Mortgage
NMLS ID # 20655

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...

Tod Mershon headshot
Tod Mershon
Team Lead Loan Originator
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1031 Route 22, Ste 203, Bridgewater, NJ 08807
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NMLS # 20655

State License #FL-LO35756, PA-21401, NJ-9405308, NY Licensed Mortgage Banker-NYS Department of Financial Services, SC-MLO-20655