What’s the difference between HCEM Home loan and Traditional Mortgage

What’s the difference between HCEM Home loan and Traditional Mortgage What’s a HECM Loan? HECM means Home Equity Sales Financial, which allows seniors to extract of good use income out of their household equity. For the a good HECM home loan, the brand new mortgagor’s home gets collateral, in addition to financing is actually repayable [...]