Buy your next home.
No monthly mortgage.
- Single closing — purchase and finance in one transaction
- No monthly mortgage payment from day one
- Works with all eligible property types
- Our 1.0% Margin — Engineered for Equity
Purchase Estimator
Type or slide to adjust
HECM uses the younger borrower's age
56% of purchase price
$0 less
down payment with us vs using the typical 2.5% margin
Buyer's own closing costs (title, escrow, inspections) are separate from the HECM.
Illustrative only. Actual amounts vary. Not a commitment to lend.
From Home Search to Move-In Day
Four straightforward steps — one closing, zero monthly mortgage payments.
Find Your Home
Work with any licensed real estate agent to find the home you love. HECM for Purchase works with single-family homes, FHA-approved condos, townhomes, and 2–4 unit properties.
Qualification & Counseling
You must be 62 or older and complete an independent HUD-approved counseling session. This federally required step ensures you fully understand the program before proceeding.
Single Closing
The home purchase and HECM loan are combined into one transaction. No need for two separate closings, saving you time and thousands in duplicate costs.
Move In Payment-Free
Move into your new home with no monthly mortgage payment from day one. You’re only responsible for property taxes, homeowner’s insurance, and maintenance.
Built for the Next Chapter
HECM for Purchase is designed for homeowners 62+ who are ready for a change — without taking on a new monthly payment.
Downsizers
Selling a larger home and buying smaller. Keep your equity working for you while eliminating monthly mortgage payments in your new home.
Relocators
Moving closer to family or a warmer climate. Use sale proceeds from your current home as a down payment and enjoy your new location payment-free.
Right-Sizers
Transitioning to a single-story or accessible home for aging in place. Get the layout you need without taking on a new monthly payment.
Retirement Movers
Making the big move at retirement. Whether it’s a lakehouse, a condo near the grandkids, or your dream retirement community — without the payment burden.
A Lower Margin Means a Lower Down Payment
Concrete scenario: a 70-year-old purchasing a $400,000 home.
Industry Average
2.5%margin
123 Reverse
1.0%margin
Your down payment savings
$0 less
in required down payment with 123 Reverse's 1.0% margin
Based on a $400,000 purchase price, age 70, no spouse. Illustrative only — not a commitment to lend.
Frequently Asked Questions
Your HECM Advisors
At 123 Reverse, we believe an informed homeowner makes the best decision. That's why we spend 90% of our time educating — not selling. Our team studies the latest research from experts like Dr. Wade Pfau so you don't have to.
“We'd rather tell you it's not a fit and earn your trust than push a product you don't need.”
Don't Take Our Word For It
“We spent months worrying before we called. Within 15 minutes, we knew this was right for us. 123 Reverse didn't sell us anything — they showed us the math.”
Their Situation
Retired teachers, ages 68 and 70. $420K in home equity, worried about outliving their savings with rising healthcare costs.
Our Recommendation
123 Reverse showed them the decision matrix — they were a 'Strong Fit.' A HECM LOC was coordinated with David's Social Security delay strategy.
The Outcome
They now have a $285,000 growing credit line with no monthly payment. David claimed maximum Social Security at 70, and their combined retirement income increased by 40%.
Margaret & David Chen
Phoenix, AZ
Understand Before You Decide
Free Assessment
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