Education and Counseling Services
Just because you qualify doesn’t mean a reverse mortgage is your best option. In order to be considered for a reverse mortgage, the U.S. government requires that you participate in a reverse mortgage counseling session with an HUD approved non-profit agency like EPIC CDC. Our certified HECM counselors will discuss program eligibility requirements, financial implications and alternatives to obtaining a reverse mortgages. They will also discuss provisions for the mortgage becoming due and payable. Upon the completion of HECM face-to-face counseling session, you should be able to make an independent, informed decision of whether this mortgage option is right for you. Upon completing the mortgage counseling session, you will receive a certificate that lenders require as part of the loan application.