how hecms work
HOW HECMS WORK
This is the second module in Guidewell Financial Solutions online reverse mortgage course. At the end of it, you’ll be able to:
- Identify what a Home Equity Conversion Mortgage is and the requirements involved in applying for and repaying a HECM loan.
- Explain how to choose a HUD-approved counseling agency.
- List the types of information that will be covered during your reverse mortgage counseling session.