08/25/2026
The Home Equity Conversion Mortgage for Purchase (H4P) just got even more competitive.
Eligible homebuyers age 62+ can now pair the H4P with Fairway Advantage Pre-Approval, giving them greater confidence before they even begin shopping.
With Fairway Advantage Pre-Approval, a Fairway underwriter has already reviewed and cleared income, assets, and credit—helping buyers understand their purchasing power and make stronger offers.
Eligible H4P buyers may be able to:
• Purchase a home with approximately *45%–70% down
• Avoid required monthly principal and interest mortgage payments**
• Preserve more retirement assets
• Compete with greater confidence in today's market
Planning your next move after age 62? Let's connect to see if an H4P loan is right for you.
*The required down payment is determined by several factors, including the buyer's age (or eligible non-borrowing spouse's age, if applicable), current interest rates, and the lesser of the home's appraised value or purchase price.
**Borrowers remain responsible for property taxes, homeowners insurance, HOA dues (if applicable), and home maintenance.
