DCHP offers HUD-certified counseling required for persons interested in obtaining a reverse mortgage. A Reverse mortgage, also called a Home Equity Conversion Mortgage (HECM), is a loan for people aged 62 or older that uses a percentage of a home’s equity as collateral in exchange for cash to the borrower, most often in monthly payments. Typically, the loan is not repaid until the last surviving homeowner either permanently moves out of the home or passes away. To request the required counseling, call
303-784-7859