reverse mortgage counseling

Salisbury NHS offers counseling for those looking to obtain a Home Equity Conversion Mortgage. (HECM)  This type of mortgage allows seniors to access the equity in their homes.  Eligibility requirements include, but are not limited to:

  • Be 62 years of age or older 
  • Own and occupy the property as your principal residence
  • Complete counseling session with a certified HECM Counselor
  • Additional requirements 

Appointments can be scheduled by calling our office at 410.543.4626.  The following information is important to understand when seeking counseling through Salisbury NHS for a reverse mortgage:

  • Counseling sessions are by appointment only. 
  • Appointments must be completed face to face in our office and can last up to 3 hours
  • Materials will be sent prior to appointment for review by client.  The content is critical in understanding the reverse mortgage process and required to be read before appointment. 
  • Be prepared to bring any paperwork from your mortgage lender to the counseling session
  • All persons listed on the deed to the property or power of attorney must be present for the counseling session

SNHS is a Chartered Member of the NeighborWorks Network | SNHS is a member of the Salisbury Area Chamber of Commerce

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