Guides & How-To — Reverse Mortgage Articles

Guides & How-To

Step-by-step application guides, counseling, myth-busting, and scam prevention.

How to Get a Reverse Mortgage: Step-by-Step Guide

The complete reverse mortgage process from first call to closing: six steps, typical timeline, what to expect at each stage, and how to prepare.

11 min read

1 Article in Guides & How-To

Common HECM Myths — Debunked

The bank doesn't take your home. Your heirs aren't on the hook. And eight other myths that prevent people from exploring a powerful retirement tool.

5 min

Frequently Asked Questions

How long does the reverse mortgage process take?

The typical HECM process takes 30-45 days from application to closing. The main steps are: discovery call, personalized analysis, HUD counseling, application, appraisal, and closing.

Is HUD counseling required for a reverse mortgage?

Yes. Every HECM borrower must complete counseling with a HUD-approved independent agency before the application can proceed. The counseling session typically takes about an hour and can be done by phone.

Ready to See the Numbers?

Try our HECM calculator for a personalized estimate, or book a free consultation to discuss your situation.

Try the Calculator Book a Free Call