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Home Equity Conversion Mortgage

What is a HECM Loan?

Your perfect home is waiting at Aventura and there’s no reason cost concerns should keep you from making the move. A Home Equity Conversion Mortgage (HECM) loan gives you the flexibility to purchase a new home that better suits your needs while preserving your cash flow. This government-backed program is available through lenders approved by the Federal Housing Administration (FHA), offering you financial peace of mind. With a HECM, you have the opportunity to make a one-time down payment and skip the burden of monthly mortgage payments. Making Aventura your new home has never been easier!

To qualify for a HECM loan, at least one person on the title must be over the age of 62 and you must stay current on all property taxes, insurance and HOA fees. A HUD-approved counselor is ready to walk you through the benefits of a HECM, qualification requirements and loan repayment options. Reach out today to Aventura’s preferred Reverse Mortgage Specialist, Marvis Baehr, via the form below!

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Get our HECM Program Guide

Find out more about a Home Equity Conversion Mortgage and if it’s a fit for you. Fill out the form below to receive our HECM Program Guide.

Schedule Your Tour

We’d love for you to come visit and see Aventura for yourself! We’re open from 9 am-5 pm every Monday-Saturday and 12-5 pm on Sundays. You can also schedule a time to tour the condos and community spaces with our professional sales team by filling out the form below.