The Credit Coalition provides Reverse Mortgage (HECM-Home Equity Conversion Mortgage) Counseling.
The Credit Coalition’s Certified HECM Housing Counselor offers either in-person or by phone Reverse Mortgage Counseling that provides you with the HUD required information and education necessary to help you understand how reverse mortgages work and what they require. When you satisfactorily complete the counseling session, you will receive the HECM Certificate. If you decide to apply for the HECM loan, the signed HECM Certificate is required to complete the loan application process.
For more information or to speak with the Credit Coalition’s Certified HECM Housing Counselor, call 713-224-8100.
For more information on reverse mortgages please click on the resources below.
About FHA’s Reverse Mortgages (HECMs) for Seniors
HOME EQUITY CONVERSION MORTGAGES FOR SENIORS
For Your Protection Get a Home Inspection
Ten Important Questions to Ask Your Home Inspector
Use Your Home to Stay at Home ™ A Guide for Older Homeowners Who Need Help Now
Use su casa para quedarse en su hogar
HUD.GOV: Information for Senior Citizens
Important information for reverse mortgage holders and their spouses: What happens if you are gone or incapacitated?
Home Equity Conversion Mortgage: Homeowner (Fact Sheet)
Inheriting a Home Secured by an FHA-insured Home Equity Conversion Mortgage (Fact Sheet)