Must I have good credit for a HECM? There is no credit score requirement. However, we will look at credit history as part of the underwriting process to ensure your ability to pay your property taxes and homeow
It's technically possible that, if home prices have appreciated more strongly than anticipated over time, that you'll be able to refinance your HECM with a new HECM to allow you to tap these additional funds. However, this will generally require that you go back though the entire process ag...