Reverse Mortgage Counseling
Are you a homeowner at least 62 years old? Do you need to evaluate whether a reverse mortgage is an appropriate solution for your financial challenges?
A reverse mortgage, also known as a Home Equity Conversion Mortgage (HECM), is a loan that enables you to convert part of your home equity into tax-free cash. It may provide you with financial relief and the ability to better manage daily living expenses. Our HUD-approved reverse mortgage counselors can help you explore this option and determine whether this type of loan is appropriate for your financial situation. We will guide you through the entire process, including:
- Terms of a reverse mortgage loan
- Possible alternatives to reverse mortgages
- Potential financial and tax implications
For your protection, the federal government requires homeowners who are interested in a reverse mortgage to receive a reverse mortgage counseling certification* from an approved third-party organization like Take Charge America.
Take Charge America is approved to assist senior homeowners in all 50 states.
*This service may require a fee.
Call 1 (866) 987-2008 to speak with a HUD-approved reverse mortgage counselor. We are here to answer your questions and explore your options.
Housing Hours:
Monday to Thursday, 7am – 6pm MST
Friday 7am – 5pm MST
