Reverse Mortgage Counseling

Certain homeowners may be eligible for a reverse mortgage (HECM) – a kind of loan that allows you to draw cash from the equity in your home without having to make payments for as long as you live in the home. But it’s not the right fit for everyone.

In order to qualify for a reverse mortgage loan, you must:

Be 62 years of age or older
Own your home as your principal residence, preferably with a low loan balance
Own a home that meets FHA requirements

Federal law requires, in order to take advantage of a reverse mortgage (HECM), that you obtain counseling from a HUD-certified agency, such as the Wyoming Housing Network. Counseling ensures that you receive independent information and fully understand the terms of your loan and your options.

Wyoming Housing Network can help you learn more, and navigate the process.

These services are partially sponsored by the Office of the Attorney General.

If you require help due to a disability or language barrier, please contact Wyoming Housing Network for assistance.

For more information about Reverse Mortgage Counseling

If you need additional information about our Reverse Mortgage Counseling, please use the contact information below.

Email: info@whninc.org
Phone: 307.233.8513

What People Are Saying About Reverse Mortgage Counseling

“The service from you has been excellent and I so appreciate your kindness with my father.”

“I am so happy I was able to talk to someone who was objective and helped me make the right decision for me.”

“Thank you for all of the time and help you gave me. You did a superb job at helping me understand the pros and cons of a HECM.”