HECM Max 5: A CMT-based HECM ARM with 5% lifetime cap over intitial rate.

Introducing the HECM MAX5

Reverse Mortgage Funding's exciting new product—HECM MAX5—is the industry’s first monthly adjustable rate, CMT-based, federally-insured* Home Equity Conversion Mortgage (HECM) with a lifetime cap of 5% over the initial rate.
The HECM MAX5: 
  • Reduces the lifetime interest rate cap to 5% over the initial rate—half the potential increase of a traditional, monthly adjustable rate HECM
  • Offers a lower lifetime cap as compared to a traditional monthly adjustable HECM
  • Gives borrowers access to the same amount of available proceeds, as compared to a traditional monthly adjustable HECM while providing peace of mind against rising interest rates
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Rate based on the one-year CMT Index

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HECM ARM with 5% lifetime cap over the initial rate

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All payment plan options available

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An open-ended loan with no minimum initial draw

 

We’re proud to be the first to provide this exciting new product to you and your clients—so you can offer them greater protection and peace of mind against future rising interest rates.

Call 877-820-5314 to learn more!