Hud Reverse Mortgage -

To qualify for a HUD HECM , you must meet strict federal criteria: HUD FHA Reverse Mortgage for Seniors (HECM)

A HUD reverse mortgage, officially known as a , is the only reverse mortgage insured by the U.S. federal government. Unlike a traditional mortgage where you pay a lender, the lender pays you, allowing homeowners aged 62 and older to convert a portion of their home equity into cash. Core Eligibility Requirements hud reverse mortgage