Your information resource for reverse mortgages.
Reverse Mortgage Resources
When you research online, you will find many websites that refer to reverse mortgages. To help you wade through all of the many resources, here are several links to websites that should help you easily find additional information:
FHA Reverse Mortgage & Home Equity Conversion Mortgage Housing Counselor Lists.
(www.hud.gov/offices/hsg/sfh/hecm/hecmlist.cfm). This page provides you with a listing of qualified HECM Counselors for your State. Click on the link button that says "Information by State" at the top of the right-hand column. It will take you to another page and you then can click on your State.
HUD Reverse Mortgage Guide to HECMs.
(http://www.hud.gov/offices/hsg/sfh/hecm/hecmhome.cfm). The only reverse mortgage insured by the U.S. Federal Government called a Home Equity Conversion Mortgage or HECM.
HUD Reverse Mortgage Handbook 4235.1 REV-1.
(www.hud.gov/offices/adm/hudclips/handbooks/hsgh/4235.1/index.cfm). This is the basic program handbook for the HECM program. However, it was published in 1994, and some of the key program rules have changed since then, as explained in later HUD mortgagee letters, HECM regulations, and amendments to the HECM statute.
Reverse Mortgages, AARP.org.
(www.aarp.org/money/revmort/). Provides information on reverse mortgages as well as information to consider in your decision-making process of obtaining a reverse mortgage.
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You may call our Toll Free Customer Service at 1-877-307-6454 for immediate help in getting a customized quote.
Remember that there is a mandatory requirement for counseling by a qualified HUD counselor before you can complete the process for a reverse mortgage loan.