Community News // January 6, 2025
Is a Reverse Mortgage Right for You?
Reverse Mortgage (HECM) Counseling
Are you 62 or older? Do you own your home free and clear or just have a small mortgage against your property? Would you like to access some of the equity in your home without adding a loan payment to your budget or having to sell your home? A reverse mortgage allows you to do this.
But is that the right decision for you?
Reverse mortgages are complicated. Each homeowner’s specific circumstances affect whether it is a good fit, and in today’s high-interest climate, you may need to carefully consider whether this is the best financial decision as the potential benefits may change.
Let our HUD-certified experts guide you with personalized, confidential solutions.
Read more on our homeowner counseling page.