Home Equity Conversion Mortgages for Seniors

Posted: 08/17/2009

Reverse mortgages are increasing in popularity with seniors who have equity in their homes and want to supplement their income. The only reverse mortgage insured by the U.S. Federal Government is called a Home Equity Conversion Mortgage or HECM, and is only available through an FHA approved lender.

About HECMs and Other Reverse Mortgages
Learn more about HECMs and understand your options...

 -   About FHA's reverse mortgage (HECM)
 -   Top ten HECM FAQs
 -   Borrowing Against Your Home
 -   AARP Foundation’s Reverse Mortgage Education Project

Calculators
See the ways a reverse mortgage can work for you...

 -   AARP's calculator
 -   Another calculator

Lenders and Counselors
Search online for an FHA lender or a HUD approved housing counselor...

 -   Reverse mortgage lenders
 -   Reverse mortgage counselors
 -   National HECM Counseling Network


 

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