Below is a list of various reverse mortgage resources to help you gather more information about reverse mortgages, what they are and how they work.
HUD (US Department of Housing and Urban Development)
This link takes you to the main page for reverse mortgages which includes links to reverse mortgage basics, list of HUD approved counselors, list of lenders and much more.
FTC (Feral Trade Commission)
Another overview of reverse mortgages along with some additional links and resources.
NCOA (National Council on Aging)
This link will take you to the official reverse mortgage consumer booklet approved by the U.S. Department of Housing & Urban Development. The booklet is free and can be read online, downloaded or printed.
CFPB (Consumer Finance Protection Bureau)
The link above will take you to the CFPB website where there are lots of Q and A to read. The questions are from consumers and the answers are from the CFPB.
The link above will take you to the CFPB’s guide titled “Reverse mortgages: A discussion guide”. This guide is is designed to be used as a primer on reverse mortgages, and to help homeowners considering a reverse mortgage prepare for their discussion with a HUD-approved housing counselor. The booklet is free and can be read online, downloaded or printed.
NRMLA (National Reverse Mortgage Lenders Association)
This website is for consumers and was created by NRMLA. It is a wonderful site with lots of information for consumers.