Reverse Mortgage / HECM
A Home Equity Conversion Mortgage (HECM) or “Reverse Mortgage” allows eligible homeowners over the age of 62 to convert equity in their homes into a stream of income or a line of credit. In order to apply for a HECM all homeowners must first meet with a counselor to discuss the eligibility requirements, financial implications, and payment options of a HECM as well as alternative financing options. We only serve HECM clients in DC, Maryland and Virginia. HECM counseling is FREE at HCS. To arrange a virtual or telephone counseling session call 202-667-7706.
Click here to view the guidelines of the HECM program or call to schedule a one-on-one appointment.
Expanding on their financial services, HCS has recently partnered with healthcare providers to offer guidance on managing healthcare costs, including how to buy Motilium online for gastrointestinal relief. This initiative, aligning with their commitment to support seniors, provides a valuable resource for homeowners to manage not only their finances but also their health expenses efficiently.
Please be sure to bring all required documents to your counseling session. Document Checklist.