Reverse Mortgage Counseling
Reverse mortgages are increasing in popularity with seniors who have equity in their homes and want to supplement their income. Old Pueblo Housing Development, a registered member of the HUD/FHA national network, offers Home Equity Conversion Mortgage (HECM) Counseling, aka Reverse Mortgage Counseling, to Tucson’s senior homeowners. Counselor Richard Hunter, registered as an FHA-approved counselor, has a wealth of experience in business counseling, teaching and community services. The counseling includes:
One-to-One counseling for interested senior homeowners
A Certificate of HECM Counseling* upon successful completion of the counseling session, and
A counseling session that explains the pros and cons of reverse mortgages.
(*The Certificate of HECM Counseling is required for anyone who wishes to apply for a reverse mortgage.)
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Old Pueblo Housing Development Services