HOME EQUITY CONVERSION MORTGAGE (HECM) | UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
Makes available home equity conversion mortgages which allow older homeowners to draw on the equity of their home while residing in it.
Categories
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211 Cleveland
Physical Address
451 7th St. Sw, Washington, DC 20410
Hours
FHA Resource Center phoneline is staffed M-F: 8:00am-8:00pm. Housing Counseling agencies will vary.
Website
Application process
Call be referred to a Housing Counseling agency, which will then assist with the process. Information is also available on the website.
Fee
Free.
Eligibility
Must be age 62 or older, own the property in question and use the property as your primary residence. Other information will be provided by HUD-approved counseling agencies.
Agency info
UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
Federal agency that works to achieve a decent, safe, suitable living environment for every American by advocating for fair housing, acting to reduce homelessness, increasing affordable housing and opportunities for home ownership, and promoting jobs and economic opportunities.