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- About ULK
Home Equity Conversion Mortgages (H.E.C.M) and/or Reverse Mortgage Counseling is available for Urban League of Kansas clients who meet the following criteria:
Reverse Mortgages or HECMs are designed to provide the client with options to access the equity in their home and obtain tax-free cash distributions for the duration of their lifetime.
Due to the long-term ramifications of a reverse mortgage or HECM, eligible clients are required to receive mandatory counseling before proceeding. The ULK housing counselor will explain in detail the different options available to the client and provide referrals to reputable lenders.