THE FIGURE AND GRAPHS ABOVE ARE INTENDED AS AN ESTIMATE ONLY, BASED ON THE HOME VALUE AND BORROWER AGE YOU HAVE PROVIDED.

YOUR ACTUAL LOAN AMOUNT MAY DIFFER BASED ON MARKET CONDITIONS AND APPLICABLE FEES IN YOUR AREA.

For this example, EXPECTED RATE has been set at for an adjustable-rate HECM. Rates are subject to changing market conditions. The "Lender Contribution" is the total loan amount provided by the lender to support your home purchase.

This is not a commitment to lend nor a loan approval. Following the closing of the home purchase, no further principal or interest payments will be required as long as one borrower occupies the home as their primary residence and adheres to all HUD guidelines of loan. Borrower must remain current on property taxes, homeowner’s insurance (and homeowner association dues, if applicable), and home must be maintained.