Mary wanted to buy a new home and had the financial ability to do so. But she wanted to have less of her money tied back up in real estate after the sale of her existing home than she would if making the final purchase with a traditional mortgage.
She spoke with her real estate agent who introduced her to a Home Equity Conversion Mortgage (HECM) for Purchase loan (H4P) with Fairway. Mary was able to buy her new home and have plenty of money left over for a rainy day. Fairway made the process clear and straightforward for Mary, who highly recommends us to friends and family.
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