Resource Link | Description |
Reverse Mortgages | The Home Equity Conversion Mortgage (HECM) is FHA's reverse mortgage program, which is a special type of home loan that lets you convert a portion of the equity in your home into cash. However, unlike a traditional home equity loan or second mortgage, HECM borrowers do not have to repay the HECM loan until the borrowers no longer use the home as their principal residence. |
Fair Housing And Equal Opportunity | The Office of Fair Housing and Equal Opportunity (FHEO) administers and enforces federal laws and establishes policies that make sure all Americans have equal access to the housing of their choice. |
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