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HECM ARMs: The Rates-Up Reverse Mortgage

April 19, 2011
Adam Buresh

GNMA reverse mortgages, or HECMs, have been discussed in a previous Disciplined Investor® (GNMA Reverse Mortgages: An Attractive Investment, Volume 17, Number 10, August 25, 2010), on several Level Playing Fields®, and at The 2010 Advanced Course®. Until now, however, we have focused primarily on fixed-rate HECMs. This article will explore adjustablerate HECM ARMs in more detail.

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