Reverse Mortgage Counseling
What is a reverse mortgage?
A reverse mortgage loan is a financial loan designed for homeowners, typically age-restricted, that allows them to convert a portion of their home equity into cash. Unlike a traditional mortgage, where you make monthly payments to the lender, with a reverse mortgage, the lender pays you. The loan is repaid only when you sell the home, move out, or pass away. This type of mortgage can provide additional income for retirees, helping to cover living expenses while allowing them to remain int heir homes.
Is reverse mortgage right for you?
Wondering if a reverse mortgage is right for you? A reverse mortgage can provide financial flexibility for seniors, but it's important to understand how it works. To learn more, check out the following resources:
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What is a reverse mortgage? | Consumer Financial Protection Bureau (consumerfinance.gov)
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For more information contact our Homeownership Team at (702) 649-0998.
What we have done so far to help other homeowners.
Discover the initiatives we've undertaken at NHSSN to support homeowners, including personalized counseling sessions, informative workshops, and community-building activities designed to make homeownership a rewarding experience.
Schedule a one-on-one counseling with our
Reverse Mortgage experts.
STEP 1
Download and complete the Counseling Intake Form.
STEP 2
After completing and submitting the Counseling Intake form contact our Homeownership Director, Dan Holland, to set up an appointment.
STEP 3
Someone from our team will reach out to you to confirm the appointment.
During HUD Certified Counseling, we educate and inform you on the process and costs involved so you can make the best decision for you and your family.
NHSSN Homeownership Team
Book an Appointment
Contact homeownership@mynhssn.org to learn more and to schedule your Reverse Mortgage counseling session today