Home Equity Conversion Mortgages

HECM Team

5 Austin Ave, Unit 1
Greenville, RI 02828

Phone
(401) 595-7300 (401) 595-7300
Email
[email protected]

NMLS #1652504

CrossCountry Mortgage Office in Greenville, RI

Our Offices

  • 5 Austin Ave, Unit 1
    Greenville, RI 02828
    Branch NMLS1652504

  • 9505 19th Ave SE, Suite 114 & 115
    Everett, WA 98208
    Branch NMLS2079522

Awards

BBB Accredited Business A+
Inc. 5000
Top Work Places
Weatherhead 100
North Coast 99 Winner
Mortgage Bankers Association Member

HECM LENDING EXPERTS

What is a HECM?

It’s a mortgage that allows homeowners 62 years and older to access a portion of the equity in their homes for use in retirement. HECMs are insured by the Federal Housing Administration (FHA). Note that not all reverse mortgages are federally insured.

What are the Benefits of a HECM Loan?

With a CrossCountry Mortgage HECM you can:

  • Stay in your home — you don’t need to sell it to access your funds.
  • Choose an adjustable or fixed-rate loan.
  • Receive funds from an adjustable-rate mortgage as a line of credit with a growth factor, lump sum, monthly payment, or a combination.
  • Make the equity you’ve built up over years of mortgage payments work for you.
  • Maintain or establish financial self-reliance.

At CrossCountry Mortgage, your future is our focus.

Many older adults prefer to Age in Place in their own home, especially during these uncertain times. With a HECM they can do just that! The proceeds from a HECM can be used for many purposes, including a stress-free retirement and home modifications/renovations to make the home more accessible and safer to support independent living.

Contact us to learn more about a HECM!

Meet Our Loan Officers

Your Loan Officers Here to Help

GALLERY

Helping your home financing process go smoothly.

The Benefits of HECM | Loans for Retirees | CrossCountry Mortgage

A Home Equity Conversion Mortgage allows homeowners 62 years and older to access a portion of the equity in their homes for use in retirement. Learn more about how a HECM from CrossCountry Mortgage can provide you with the following benefits.

Difference Between HECM and Reverse Mortgage

There are a few key differences between a HECM and Reverse Mortgage. Find out which one is best for you.

Retirement Housing Considerations to Create Retirement Income

This webinar will discuss retirement housing options with an emphasis on utilizing a HECM to help create guaranteed retirement income.

The Benefits of HECM | Loans for Retirees | CrossCountry Mortgage

A Home Equity Conversion Mortgage allows homeowners 62 years and older to access a portion of the equity in their homes for use in retirement. Learn more about how a HECM from CrossCountry Mortgage can provide you with the following benefits.

Our Vision — Then & Now

CrossCountry Mortgage began solely as a mortgage broker in 2003. We had the vision to become a nationwide full-service lender that could match customers with the perfect mortgage to suit their needs, provide knowledge and support every step of the way, and make their homeownership dreams possible and affordable. We've been able to achieve that vision and build upon it by helping more people each year buy homes.

Our Mission & Goal

At CrossCountry Mortgage, our mission is simple: to provide you with the best possible advice and benefit to your financial needs while facilitating a straightforward, transparent mortgage process for buyers, sellers and real estate agents. We begin your financing process by earning your trust through knowledge and communication. You are our first priority and we pride ourselves on developing rewarding, long-term customer relationships.

Blog

Recent Posts and Articles

  • Published on
    read

    Breaking Down HECM Myths

    There are many misunderstandings about Home Equity Conversion Mortgages (HECMs). Something everyone can agree on is what HECMs are: FHA-backed reverse mortgages for borrowers age 62 and over. They offer an avenue for older homeowners to use a portion of the equity in their homes to supplement their income in retirement.

  • Published on
    read

    HECM Misconceptions

    We explain common misconceptions with Home Equity Conversion Mortgages. HECMs are probably the home loan product with the most misconceptions. If you 62 or older, these three HECM facts should help ease your mind as you consider your options.

  • Published on
    read

    HECM Basics

    What you need to know about Home Equity Conversion Mortgages.

  • Published on
    read

    Retirement and Income Planning

    The Role of Home Equity Conversion Mortgages in Retirement Funding

Quick Contact Form

By clicking “Contact Us” I am agreeing to receive phone calls, SMS (text messages) and emails from CrossCountry Mortgage, LLC. I expressly consenting to recurring contact from CrossCountry Mortgage, or its agents, at the number and/or email address I provided regarding products or services via live, automated or prerecorded telephone call, SMS (text message), or email. I understand that my telephone company may impose charges on me for these contacts, and I am not required to enter into this agreement as a condition of purchasing property, goods, or services. I understand that I can revoke this consent at any time. Terms & Conditions/Privacy Policy apply.