Home

Home Equity Conversion Mortgage | United States Department Of Housing And Urban Development

200 North High Street, Seventh Floor Bricker Federal Building, Columbus, OH 43215

Older adults 62 years and older. Must own home outright or have a low mortgage balance that can be paid off at closing with proceeds from the reverse loan. Must live in the home.
Mon-Fri 8 am-4:30 pm.

Spanish.

Application required. Apply with any qualified FHA lender. Visit website for a listing of FHA-approved lenders.

None.

Ohio

Description

Offers home equity conversion mortgages to older adults. This type of mortgage provides supplemental income by allowing older homeowners to draw on the equity on their home while they reside in it.

Data provided by

LSS 211 Central Ohio

Providing organization

United States Department Of Housing And Urban Development

Federal agency that works to strengthen the housing market to bolster the economy and protect consumers; meet the need for quality affordable rental homes; utilize housing as a platform for improving quality of life; and build inclusive and sustainable communities free from discrimination.