Buy the next house without taking on a payment.
HECM for purchase across Maryland, Virginia, Washington DC, North Carolina and Florida, from our office in Fulton, Maryland.
The same idea as a reverse mortgage, applied to buying rather than staying. One transaction instead of selling, buying, then borrowing.
Applications go out without your personal information attached. You decide who sees it in full.
100+ Lenders
Approval Within 24 Hours
30+ Years of Mortgage Experience
No Credit Pull • No Obligation
HECM for purchase is worth exploring if this is you
| YOUR SITUATION | WHY THIS LOAN FITS | GO TO |
|---|---|---|
| You are downsizing in retirement | Sell the family home, buy something smaller, and keep more of the difference | Reverse mortgage → |
| You are moving closer to family | A common reason to move late, and often across state lines | Where we lend → |
| You want a single-storey home | Practical moves in retirement are frequently about the stairs | Talk to us → |
| You do not want a monthly payment again | That is the whole appeal of doing it this way | Reverse mortgage → |
| You were going to pay cash | Doing so leaves your money in the walls. This keeps more of it liquid | Asset depletion → |
One application. Better options. Simple process.
One simple application gives us what we need to explore the right mortgage options for your unique situation.
1
Submit the documents
Upload the required documents so we can review your application and move your loan forward.
2
We Shop 100+ Lenders
We compare lenders and find the loan options that fit your situation.
3
You Choose. We Close
Pick the option that works for you. We handle the process from underwriting to closing.
What an H4P involves
An eligible older buyer
The same age requirement as any HECM applies.
A substantial deposit
Usually from the sale of your previous home. It is a large share of the purchase.
A home you will live in
Principal residence only.
Independent counselling
Required, exactly as on a standard HECM.
A financial assessment
The lender checks you can meet taxes, insurance and upkeep.
Coordination with your sale
Timing the two transactions together is the practical work, and it is worth planning early.
No rates or figures here on purpose. Yours depend on your credit, the county and the program. A licensed loan officer gives you real numbers on the call.
What to watch for, and we will not bury it
The deposit is larger than a normal purchase
This is not a low-deposit product. It is a way of not carrying a payment afterwards.
The same ongoing obligations apply
Taxes, insurance and maintenance remain yours, and falling behind can put the loan in default.
Very few agents have seen one
If your estate agent has not handled an H4P before, tell us early and we will speak to them directly.
Nadeem Bhatti
Where we place HECM purchases
Maryland
Virginia
Washington DC
North Carolina
Florida
Texas
We are a mortgage company serving these areas. We do not keep a branch in each one. Every mortgage loan is worked from 8115 Maple Lawn Blvd, Suite 350, Fulton, Maryland.
What retirees ask about buying this way
How is this different from a normal reverse mortgage?
A standard HECM draws on a home you already own. This one is used to buy a different home, in a single transaction.
Do I need a deposit?
Yes, and a substantial one, usually from the sale of your previous home. This is not a low-deposit product.
Will I have a monthly mortgage payment?
No. That is the point. Property taxes, insurance and upkeep still apply.
Can I buy in another state?
Within the states we are licensed in, yes. Moving nearer to family is one of the most common reasons people do this.
Is counselling required?
Yes, the same independent HUD-approved counselling as any HECM.
See whether this beats paying cash
Tell us what you are selling and what you want to buy. We will show you how the numbers compare, free.