Flexible Access to Equity
HECM Line of Credit
Access your home equity on your own terms — draw funds when you need them with a growing line of credit.
Program overview
What Is a HECM Line of Credit?
The HECM Line of Credit is a flexible reverse mortgage option that allows you to draw funds as needed rather than receiving a lump sum. One of its most powerful features is the growth rate — the unused portion of your credit line grows over time, giving you access to more funds the longer you wait to use them.
This makes the HECM Line of Credit an excellent financial planning tool for seniors who want a safety net for future expenses, healthcare costs, or unexpected needs — without the pressure of monthly repayments.
Growing Credit Line
Your unused credit line grows at the same rate as the loan interest, increasing your available funds over time.
Draw On Demand
Access funds whenever you need them — medical bills, home repairs, travel, or any purpose.
No Monthly Payments
No required monthly mortgage payments as long as you live in the home.
Financial Safety Net
An ideal retirement planning tool to protect against future financial uncertainty.
Who qualifies
Eligibility Requirements
Must be 62 years of age or older
Must own the home outright or have significant equity
Must occupy the home as your primary residence
Must complete a HUD-approved counseling session
Must maintain the property and pay taxes and insurance
Ready to Learn More?
Call David Simon today for a no-obligation free consultation and find out how much you may qualify for.
NMLS #1521694 | CABRE #02040832
Get In Touch
Call Or Email Today For Your Free Loan Consultation
Reach out today for a no-obligation consultation. David will walk you through your options and help you determine the best path forward.
David Simon
Sr. Loan Officer & Reverse Mortgage Specialist
NMLS #1521694 | CABRE #02040832
Cell
(818) 232-1171
[email protected]
Office
Secured Capital Funding
17662 Irvine Blvd. Suite 6
Tustin, CA 92780
NMLS #1649122 | CABRE #01220151
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