HUD Reverse Mortgages
FHA Reverse Mortgage CalculatorLearn How Reverse Mortgages Work
HUD's Federal Housing Administration
(FHA) created reverse mortgages in 1989 to give senior citizens,
age 62 or older, the opportunity to
access the equity they have in their homes.
Reverse mortgages are
also known as HECM's, Home Equity Conversion Mortgages.
decide that a reverse mortgage is the right choice, you must receive
independent counseling from a certified HUD Approved Counselor to make
sure that you have had all your questions answered.
HUD Counseling Certificate
is required by law to protect senior citizens.
What is a Reverse Mortgage? A low-interest federally insured loan that allows senior homeowners to convert a portion of the value in their home
into tax-free cash.
Learn How Reverse Mortgages Work.
You can receive a lump sum cash payment, monthly payments, line of credit, or a customized plan of all options to fit your needs.
Reverse Mortgages Require No Monthly Payments.
You are responsible to maintain your home, pay your real estate property taxes and carry homeowners insurance.
HUD Reverse Mortgage Counseling is Required.
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Empowering Seniors Organization, LLC. L14000122878is not a lender or a broker. Information you provide is
not an application for a loan.
*Disclaimer: None of the materials on website were provided or approved by the Department of Housing and Urban
Development (HUD) or the Federal Housing Administration (FHA).