CALL US NOW!
 HECM Reverse Mortgage ProductsThe Home Equity Conversion Mortgage (HECM) is the oldest and most common reverse mortgage and is insured by the federal government through the Federal Housing Administration (FHA). There are essentially three types of HECM loans - the HECM Standard, HECM Saver and HECM for Purchase. HECM Standard or HECM SaverLarger amounts are available with a HECM Standard. However, the HECM Saver offers significantly lower upfront fees than the HECM Standard.
Both the HECM Standard and the HECM Saver are available for all payment plans, including lump sum, monthly payments, and line of credit. HECM for PurchaseWith the HECM for Purchase loan, your mortgage proceeds are used to purchase a new home, which must be your primary residence. This product is suitable for seniors looking to:
Fixed-Rate Reverse Mortgage or Variable Reverse Mortgage?With a fixed-rate loan, you can have peace of mind in knowing that your rate is set for the life of the loan, and the loan proceeds are paid as a lump sum. With an adjustable/variable rate reverse mortgage, your money is available in a lump sum, monthly payments or as a line of credit, and interest accrues only on the money you take out (borrow).
 
  A+ BBB Rating |
Easy Process
Copyright © 2012 - Generation Mortgage Company | A Reverse Mortgage Company for Seniors 62 and Over. All Rights Reserved.
NMLS #1319; Corporate Office: 3 Piedmont Center, 3565 Piedmont Rd NE, Ste 300, Atlanta, GA 30305; Arizona Mortgage Banker License #0909296, 6740 E. Camelback Rd, Ste 104, Scottsdale, AZ 85251; Licensed by the Department of Corporations under the California Residential Mortgage Lending Act; Colorado, To check the license status of your mortgage loan originator, visit http://www.dora.state.co.us/real-estate/index.htm; In CT, licensed and DBA as Generation Reverse Mortgage, Inc.; Georgia Residential Mortgage Licensee #22292, Generation Mortgage Company, 3 Piedmont Ctr, 3565 Piedmont Road NE, Ste 300, Atlanta, GA 30305; Illinois Residential Mortgage Licensee #MB.6760368; Kansas Licensed Mortgage Company #MC.0001660; Massachusetts Mortgage Lender-ML3240; Licensed by the Mississippi Department of Banking & Consumer Finance; Nevada #2970, 907 Tahoe Blvd, Ste 2, Incline Village, NV 89451, Phone # 775-831-0161; Licensed by the New Hampshire Banking Department as Generation Mortgage Company d/b/a Generation Mortgage Company, Inc; Licensed by the N.J. Department of Banking and Insurance, 51 JFK Parkway, Ste 114, First Floor West, Short Hills, NJ 07078, Phone #973-218-2418; Licensed Mortgage Banker- NYS Department of Financial Services; Oregon License #ML-4445, Licensed by the Pennsylvania Department of Banking; Rhode Island Licensed Lender; TEXAS: COMPLAINTS REGARDING A LICENSED RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD BE SENT TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550. Licensed by the Virginia State Corporation Commission #MC-4832; Washington #CL-1319; Also conducts business in AL, AR, DC, DE, FL, HI, IA, ID, IN, KY, LA, MD, ME, MI, MN, MT, NC, ND, NE, NM, OH, OK, PR, SC, SD, TN (License #3543), UT, VT, WI, WV, WY. Not all products and options are available in all states. Terms subject to change without notice. Some people portrayed are professional models. ©2012 Generation Mortgage Company. All Rights Reserved.