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Reverse Mortgage Counseling

What is a Reverse Mortgage?

A Reverse Mortgage can assist in providing a tax-free cash flow to eligible homeowners 62 years of age or older. It is a unique loan used to convert a percentage of home equity into available cash. A reverse mortgage can provide seniors financial independence and the ability to age longer in their home. Reverse mortgage funds are commonly used for one or more of the following:

  • to supplement a portion of daily living costs
  • to pay off high debts in order to reduce unaffordable monthly living costs so affordable again
  • to pay for home care costs
  • to pay for home repairs and structural adaptations
  • to keep funds available for emergencies
  • for access to credit when other forms of credit are unavailable
  • for an added option to a poorly performing financial portfolio

Qualifying for a Reverse Mortgage

Besides the age and residency qualification, borrowers go through a financial assessment with their lender, and they must acquire the FHA required HECM counseling certificate. ACCC is a Massachusetts and HUD-approved provider of the counseling and certificate.    

To schedule an appointment please call 1-866-826-7180.


American Consumer Credit Counseling provides free credit counseling and low-cost solutions for managing debt and learning how to become debt free. The certified credit counselors in our debt relief center have helped thousands of individuals and families create plans for lowering credit card debt or eliminating personal credit card debt altogether. In our initial credit counseling sessions, our counselors thoroughly review a client’s financial situation before discussing all available options. Counselors can provide debt settlement advice or explain how a debt settlement program works, compare debt forgiveness and debt management plans, offer suggestions for dealing with debt recovery companies, and answer questions about debt consolidation qualifications. ACCC also provides debt management services with a fee structure that is among the lowest in the industry.

American Consumer Credit Counseling - Consolidate Debts - Better Business Bureau American Consumer Credit Counseling - Consolidate Debts - Mass Housing Approved National Industry Standards for Homeownership Education and Counseling American Consumer Credit Counseling - Consolidate Debts  - Council on Accreditation American Consumer Credit Counseling - Consolidate Debts  - NFCC Member