This site was created to educate people in Ohio, Indiana, and Kentucky about the different options available with reverse mortgages today.
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What is reverse mortgage counseling?
HUD requires that all people who want a FHA insured reverse mortgage must first complete counseling. The counseling can be completed over the phone or in person. The counselor will go over the terms, determine if you qualify, and answer questions. Typically the couseling is free. After completing the counseling you will receive a certificate in the mail. The certificate will need to be signed and sent in with your loan package.
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1 comment:
This is great introduction for seniors who are looking for the HECM reverse mortgage- also great title - this can program can be beneficial for many seniors and allows them to get happy in their retirement.
Reverse mortgage requirements
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