© HORIZON COUNSELING INC. 2017

HECM / HOMESAFE / EQUITY EDGE
REVERSE MORTGAGE COUNSELING
 
TO SCHEDULE AN APPOINTMENT CALL 
888-315-4326
 

HECM COUNSELING

A reverse mortgage, also known as the home equity conversion mortgage (HECM), is a financial product for homeowners 62 or older who have accumulated home equity and want to use this to supplement retirement income. Unlike a conventional forward mortgage, there are no monthly mortgage payments to make. Borrowers are still responsible for paying taxes and insurance on the property and must continue to use the property as a primary residence for the life of the loan.

 

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 approved non-profit agency like Horizon. We currently offer national over the phone counseling in 47 states(MN, VT, MA excluded)

 

During a counseling session, we will explain how reverse mortgages work, including payment options, costs, tax implications, benefits and drawbacks. After completing the mortgage counseling session, you will receive a certificate that lenders require as part of the loan application. Our goal is for you to understand your options so you can make an informed decision on whether a reverse mortgage is right for you.

To schedule an appointment you can reach us directly at (888) 315-4326.

ABOUT HORIZON

Horizon Counseling Inc. participates in HUD’s Housing Counseling Program and provides Home Equity Conversion Mortgage (HECM) counseling. Horizon offers counseling services in both English and Spanish and is currently serving 47 states (MN, VT, MA excluded).

 

Address: 102 N Bartow St, Cartersville, GA 30120

 

Agency Id: 90309