If you're in the retirement phase of your life, then paying cash or using traditional financing to purchase your next home may negatively impact your retirement plan.

If you pay cash for your dream home then you have a significant portion of your life savings tied up inside a bunch of bricks and mortar instead of having access to that money for things like investing, travel, or healthcare.

If you use traditional financing then you've added a mortgage payment to your monthly obligations for years into the future.

If your dream is to live in a new or newer home, close to friends and family, without having to put a big portion of your life savings on the line, then I have good news for you.

There is a little known FHA-insured loan program for those 62+ that you need to know about called the HECM for Purchase Program. 

WHAT YOU WILL LEARN

• 10 Things You Should Know about the HECM for Purchase Program

• Why Traditional Financing or Paying Cash May Sabotage Your Retirement Plan

• 3 Steps to Qualify for a HECM

• What Types of Property a HECM can be used to purchase

• What Would Disqualify You

• Who Really Owns a HECM Property

• 20 Frequently Asked Questions