Getting comfortable with the idea of getting a reverse mortgage loan takes time and plenty of research. To assist you in this process, we have compiled some of the best consumer reports from trusted senior advocacy groups, such as AARP, National Council on Aging (NCOA), Federal Trade Commission (FTC) and others.
We invite you to download any or all of these reports. We hope you find this free information valuable for completing your research and due diligence to determine if a HECM (Home Equity Conversion Mortgage) is the right financial solution for your situation.
The most popular consumer guides are published by AARP and are downloaded more than the other reports offered here. AARP has been a tireless proponent working hand in hand with HUD and FHA to insure that HECM loans are safe for seniors and their families.
Reverse Mortgage Loans: Borrowing Against Your Home by AARP
A New Kind of Loan: In Reverse by AARP
Fact Sheet for Reverse Mortgages by AARP
Basic Loan Features by AARP
Loan Types and Costs by AARP
A “Rising Debt” Loan by AARP
National Council On Aging – NCOA Reports
FTC – Federal Trade Commission Published