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: The current fee for a counseling session is $180, payable by debit or credit card at the time of your session. You may also pay by check, please ensure it is mailed in time to be received before your session. Make checks payable to VCCDC and send to: 2231 Sturgis Road, Suite A, Oxnard, CA 93030.

An elderly woman with short brown hair smiling behind a bush of pink and red flowers in front of a house window.
“It was like she was sitting at the table with me. I thought I knew a lot about mortgages but I couldn’t believe how much I learned from my Homeownership Specialist, Gaby! I’m not easily impressed and boy was I amazed. Through our coaching sessions, Gaby really knew what she was talking about and I felt I could trust her with this big decision”
— Sylvia, Reverse Mortgage Counseling Client
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A man standing on green lawn in front of a gray house with two windows, wearing a purple polo shirt and jeans, smiling under a clear blue sky.
Two young girls sitting on a bed, hugging and holding stuffed toys, smiling at the camera in a cozy bedroom.

Brighter futures start at home.

At My Way Home, we are passionate about empowering families through financial education and homeownership. As a nonprofit, every dollar we earn goes right back into programs that support local families and their future.

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

Meet Our families