University Town Appreciation
Fort Collins has seen exceptional appreciation. Long-time residents who took out reverse mortgages years ago may have seen their home values increase substantially, potentially leaving significant equity for heirs.
Heir Options Explained
Sell and Capture Equity
The most common choice. We purchase the property, pay off the HECM, and send remaining equity to heirs. Fast closing meets lender timelines.
Refinance to Keep
If you want to keep the Old Town or university area property, you can refinance to pay off the HECM. This requires qualifying for new financing.
Walk Away (Underwater)
If the loan exceeds value, heirs have no personal liability. HECMs are non-recourse loans. You can deed the property to the lender without owing anything.
Fort Collins Neighborhoods We Serve
Larimer County Property Values
Larimer County has experienced strong appreciation. Fort Collins desirability means property values have likely outpaced reverse mortgage balance growth for many homeowners.
Frequently Asked Questions
Can you buy a Fort Collins house with a reverse mortgage?
Yes. We purchase properties with HECMs throughout Fort Collins. The loan is paid at closing and heirs receive remaining equity.
Fort Collins prices have increased - is there equity left?
Fort Collins strong appreciation means many properties have significant equity even after HECM payoff. We provide free assessments within 24-48 hours.
My parent was a retired CSU professor - does that matter?
Not for the reverse mortgage process. However, Old Town and university area properties have appreciated significantly, which may mean substantial equity for heirs.
What if the loan is with a smaller servicer?
We work with all HECM servicers regardless of size. The process is similar across all lenders and we handle all coordination.
How fast can you close?
We close in 7-14 days. This easily meets HECM servicer timelines.