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).

“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
Happy family standing in front of their house, smiling at the camera. The woman holds a smiling baby girl dressed in a dark gray outfit with a red bow headband. The man stands beside them, wearing a plaid shirt.
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.

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