How HECMs work, eligibility, and what homeowners 62+ should know.
HomeWise is a free, plain-English educational resource — no jargon, no sales pitch. Here's what's inside; if it's useful, the short form takes a few quick questions and the full PDF is sent to your inbox.
Reverse Mortgage Booklet
Free educational PDF · plain-English, no sales pitch.
Preview a sample pageWhat's inside
- How a HECM works in plain English — no surprises
- Eligibility, counseling requirements, and timing
- Lump-sum, line-of-credit, and monthly payout options
- What happens to the home when you sell, move, or pass away
- Common reverse-mortgage scams and how to spot them
Prefer to read online? See the full guide
HomeWise is an educational resource, not a lender. This booklet is for learning — always confirm current figures and terms with a licensed mortgage professional.
Reverse Mortgage Calculator
Answer a few quick questions to see your estimated monthly payment — for educational purposes only.