Can I Buy A House With A Reverse Mortgage Link

: You are not required to make monthly mortgage principal or interest payments for as long as you live in the home as your primary residence.

: The HECM loan covers the remaining balance. can i buy a house with a reverse mortgage

This federal program allows seniors to buy a new primary residence and secure a reverse mortgage in a single transaction. How Buying with a Reverse Mortgage Works : You are not required to make monthly