Home Equity Conversion Mortgage

Reverse Mortgage Counseling

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:


  • 62 years of age or older
  • Have at least 80% equity in their current home


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.