If you are receiving unsolicited phone calls from an entity pretending to be ACCC (a trusted non-profit credit counseling agency), please be assured that ACCC’s policy is NEVER to contact you unless you’ve explicitly requested us to call you. Also be cautious of emails from an unusual or unfamiliar domain. ACCC’s domain extension is @consumercredit.com, and any emails using a different extension should be treated with suspicion.


ACCC’s Client Login allows current clients to access their program information, including the due date, program benefits, and other documents.

Select a Client Login below based on the service that you are currently enrolled in:

Debt Management Program

Client Login


Pre-Bankruptcy Client

Post-Bankruptcy Client

Not yet a client, but looking to get started?

ACCC offers debt relief options to individuals and families that are suffering from stress related to credit card debt by providing effective credit counseling, helping to consolidate debt, and advising on debt management.

Get Started


You are now leaving the Consumer Credit website and are going to a website that is not operated by ACCC. We are not responsible for the content or availability of linked sites.

Are you sure you want to leave?

No, return me to the previous page.


How do reverse mortgages work

How do reverse mortgages work?

When talking about reverse mortgage loans, the most common question that homeowners ask is “How do reverse mortgages work?” There’s a lot of reverse mortgage information on the airwaves and in magazines these days, but not a lot of straight answers and impartial advice. That’s why, when considering a reverse mortgage, it’s important to seek out a trusted source that can help you determine whether a reverse mortgage is right for you.

So how do reverse mortgages work?

It’s actually fairly simple. With a standard mortgage, you take out a loan to buy a house and you make monthly payments to pay back the lender over time. With a reverse mortgage, the lender makes monthly payments to you. Your home serves as security for the loan, and when you sell the home, move out or pass away, the loan is repaid from the equity in your home.

How do reverse mortgages work to provide seniors with greater independence?

Reverse mortgage solutions are only available to homeowners 62 years of age or older. This type of loan product was created in order to allow retirees with limited income to use the wealth they have built up in their homes to help pay for basic living expenses, for the cost of healthcare or for any other expenses.

How do reverse mortgages work if the homeowner outlives the loan?

Lenders cannot take away a home of a homeowner who outlives a reverse mortgage. The loan does not need to be repaid as long as one of the borrowers continues to live in the house and keeps taxes and insurance current.

How do reverse mortgages work in terms of federal insurance?

While there are several types of reverse mortgages, the most common is the Home Equity Conversion Mortgage, which is insured by the U.S. Department of Housing and Urban Development. This type of reverse mortgage carries more rules and regulations than other products, but there is more security in a federally backed product.

How do reverse mortgages work if the home wasn’t bought with FHA mortgage insurance?

If you did not buy your home with an FHA-insured mortgage, you can still apply for a HECM reverse mortgage.

How does counseling for reverse mortgages work? What is reverse mortgage counseling certification?

To apply for an HECM reverse mortgage, homeowners must complete a counseling session with an approved housing counseling provider, who provides the homeowner with counseling certification at the end of the session. The homeowner must provide the lender with a counseling certificate in order to apply for reverse mortgage.

Where can I get more information about how reverse mortgages work?

When you want straightforward reverse mortgage info, contact the certified housing counselors at American Consumer Credit Counseling (ACCC). ACCC is a nonprofit organization dedicated to providing financial services to consumers who want to reduce debt and make smart financial decisions. ACCC is also an approved provider of reverse mortgage counseling certification.

Learn more about how reverse mortgages work with ACCC, as well as other housing related services including ACCC’s home buyers class which provides a comprehensive understanding of the home buying process.

See if our Debt Management Program is right for you Should you consolidate your debt? See how much it really costs to use your credit cards

Your Ultimate Money Management App

Meet CreditU, the ultimate one-stop debt and financial management app! See your full financial overview, including debts, income, expenses, and savings.

CreditU Apple App Store
Dev Tool:

Request: how-do-reverse-mortgages-work
Matched Rewrite Rule: ([^/]+)(?:/([0-9]+))?/?$
Matched Rewrite Query: name=how-do-reverse-mortgages-work&page=
Loaded Template: single-resource-pages.php