What You Must Be Aware Of Regarding Obtaining A HECM in Portland Including, Options, Costs, Requirements and Obtaining The Best Deal The HECM program enables elderly homeowners in Portland Oregon to take out some of the equity in their home in the form of monthly payments for life or a fixed term, or in a lump sum, or through a line of credit. This reverse mortgage program allows families to stay in their home while using a portion of its equity. The total income that an owner can receive through the program is the maximum claim amount, which is calculated with a formula including the age of the owner, the…