Reverse Mortgage Counseling

If you are a homeowner who is at least 62 years old, My Way Home’s Homeownership Specialists can help you determine if a reverse mortgage is right for you. Our Homeownership Specialists can provide the required HUD-approved Reverse Mortgage Counseling, which includes:

  • Evaluating the pros and cons of a reverse mortgage for your situation

  • Explaining how reverse mortgages work, including payment options, costs, tax implications, benefits and drawbacks

  • Providing alternative options

  • Connecting you to other community resources

  • A counseling completion certificate which is required, should you decide to move forward with a reverse mortgage

Upon the completion of the Reverse Mortgage counseling, you should be able to make an independent, informed decision of whether a reverse mortgage will meet your specific needs.

Fee Waiver: The $175 counseling fee is currently waived (limited availability).

INTEREST FORM

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We’re still here for you as you continue to navigate the journey of being a homeowner. Whether it’s a reverse mortgage counselling, or continued budgeting skills, we’re ready to help.
— Alex Vega, Lending Director
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Brighter futures start at home.

At My Way Home, we are passionate about empowering families through financial education and homeownership.

Read more about the families who have been on the journey with us.