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The National Reverse Mortgage Lenders Association (NRMLA) is the nation's only organization devoted exclusively to the promotion of reverse mortgages, advocacy on reverse mortgage lending issues with Congress and the federal government, education and training for reverse mortgage lenders, and development and maintenance of ethical standards for reverse mortgage lenders.
AARP is a nonprofit, nonpartisan membership organization for people 50 and over. They provide information and resources; advocate on legislative, consumer, and legal issues; assist members to serve their communities; and offer a wide range of unique benefits, special products, and services.
HUD and local laws require third party counseling for reverse mortgages. Counseling is provided by a HUD approved Counseling Agency and you may not incur any costs until you have gone through your counseling and fully understand your new reverse mortgage (HUD safeguard). Usually takes 45Min-1hour & may be conducted in person or over the phone. This page allows you to select a list of agencies for each state. Be sure to narrow the counselors search criteria by "Home Equity Conversion Mortgage"
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