How to use a Home Equity Conversion Mortgage (HECM) to supplement your Retirement or Retire Early! With the high cost of housing and minimal retirement compensation many retirees put off retirement and take full or part time jobs to bridge the gap for the cost of housing and the income they are able to generate. If you own your home and have responsibly paid down the mortgage a Home Equity Conversion Refinance (MECM) or downsize Purchase might be the right loan for you. This