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Reverse Mortgage Counseling

Reverse Mortgages Counseling-Home Equity Conversion Mortgage (HECM)

Using your home to stay in your Home

NeighborWorks® Reverse Mortgage

Information Center

888-990-HECM (4326)

Are you looking into a Reverse Mortgage? Well NeighborWorks® Southern Mass (NWSOMA) is here to help you!  Our staff will provide you with detail information about reverse mortgage products, how it may benefit your situation and will help you throughout the entire process.

If you are interested in pursuing a Reverse Mortgage, here are your next steps:

  1. Call NWSOMA at 617.770.2227. ext 44 to reach our Certified Reverse Mortgage Counselor
  2. Set-up an appointment with our Certified Reverse Mortgage Counselor
  3. Attend your personalized counseling session to learn all of your option and understand how a reverse mortgage may work for your individual situation
  4. Once you successfully complete your counseling session and have met the required program criteria, NWSOMA’s counselor will provide you with a HECM Certificate that is good for 180 days from the counseling date

If you are interested in pursuing a Reverse Mortgage here are your next steps:

Call NWSOMA today to see how we can help you at 617-770-2227×44 or reach us by email at j.joyce@nwsoma.org.

NRMLA’s Guide to Reverse Mortgage

HUD Top 10 Things to Know If You Are Interested In a Reverse Mortgage

FTC’s Reverse Mortgage Consumer Information

Estimate the amount you may be eligible for with a Reverse Mortgage Calculator

Download ​the booklet “Use Your Home to Stay Home” t​he National Council on Aging (NCOA) official guide for older homeowners who are considering a reverse mortgage

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US Veteran Finds A Home

David Ortega is a retired sergeant and Iraq War veteran, Ortega lives with his wife and four children in a four-bedroom, single-family Quincy home that NeighborWorks® Southern Mass and the City of Quincy purchased and renovated for veterans’ housing in 2013. Before they moved in, David and his family were homeless. “As a veteran of Operation Enduring Freedom and Operation Iraqi Freedom, I am truly grateful for being able to provide my family with a safe and comfortable home,” Ortega said. “NeighborWorks® has just been awesome: My kids love the house, they have friends that sleep over and play in the backyard. It’s just been amazing. I could not ask for more.”
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