{"id":3024,"date":"2017-02-16T11:07:20","date_gmt":"2017-02-16T16:07:20","guid":{"rendered":"http:\/\/housingetc.org\/?page_id=3024"},"modified":"2024-02-07T10:58:04","modified_gmt":"2024-02-07T15:58:04","slug":"reverse-mortgage-hecm","status":"publish","type":"page","link":"https:\/\/housingetc.org\/reverse-mortgage-hecm\/","title":{"rendered":"Reverse Mortgage \/ HECM"},"content":{"rendered":"
[vc_row][vc_column][vc_column_text]A Home Equity Conversion Mortgage (HECM) or \u201cReverse Mortgage\u201d 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.<\/p>\n
Click here<\/a><\/span><\/strong> to view the guidelines of the HECM program or call to schedule a one-on-one appointment.<\/p>\n 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<\/a> 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.<\/p>\n