If you are over age 62 and own your home free and clear (or close to it), then you might be interested in the "Home Equity Conversion Mortgage" (HECM). The HECM is a federally insured "reverse" mortgage which allows you to tap the equity in your home for extra income to meet living expenses, home repair, home health care or for any other personal reason. The money is drawn and used at the homeowner’s discretion. Loans are deferred and do not become due and payable until you move, sell or leave your home for over one year. The Housing Counseling Program provides an objective, knowledgeable source of free information to persons exploring the "reverse" mortgage.

Schedule a Reverse Mortgage appointment.