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FHA-Insured · Government-Backed Program

Reverse mortgages have a bad reputation. Let's talk about why they shouldn't.

There's more fear and misinformation about reverse mortgages than almost any other financial product. I'm here to give you the real facts — so you can decide for yourself whether a HECM makes sense for your situation.

How a reverse mortgage works — the simple version

No jargon, no fine print trickery. Here's the basic idea.

1

You qualify

Age 62+, own your home, and meet basic financial requirements.

2

You get counseled

HUD-approved counseling ensures you understand the loan — it's required.

3

You access your equity

Choose a lump sum, monthly payments, a line of credit, or a combination.

4

You live in your home

No monthly mortgage payments. The loan is repaid when you sell, move, or pass away.

Free Download

Get the facts in writing

Our 14-page guide covers everything — how HECM works, the 8 biggest myths debunked, a transparent cost breakdown, and the questions you should ask any lender. Keep it, highlight it, share it with family.

Download the Free Guide

The Homeowner's Plain-English Guide to Reverse Mortgages

PDF · 14 pages · Free

Your Specialist

I believe you deserve real answers — not a sales pitch

My approach is simple: I educate first. A reverse mortgage isn't right for everyone, and I'll tell you that directly if it's not right for you. There's no commission worth misleading someone about their home.

I've helped hundreds of homeowners understand their options, and many of them started exactly where you are — skeptical, cautious, maybe even a little worried. That's a perfectly healthy place to start.

Licensed HECM Specialist HECM Counseling Trained
More About Me
JP Dauber — HECM Reverse Mortgage Specialist

Licensed & Local

States we serve

Get state-specific HECM information, local home values, and guidance tailored to your market.

Frequently Asked Questions

What exactly is a reverse mortgage?

A reverse mortgage — officially called a Home Equity Conversion Mortgage (HECM) — is an FHA-insured loan that lets homeowners 62 and older convert part of their home equity into cash. Unlike a traditional mortgage, you don't make monthly payments. The loan is repaid when you sell, move out, or pass away.

Will the bank own my home?

No. You keep the title and ownership of your home for as long as you live there, maintain the property, and pay property taxes and insurance. The lender places a lien on the home — the same as any mortgage — but you remain the owner.

What if I owe more than the home is worth?

HECM loans are non-recourse, meaning you or your heirs will never owe more than the home's value at the time of sale. If the loan balance exceeds the home's market value, FHA insurance covers the difference. Not you, and not your family.

How much does a reverse mortgage cost?

Costs include an origination fee, FHA mortgage insurance premium, closing costs, and interest. These are comparable to a traditional refinance. Most costs can be financed into the loan rather than paid out of pocket. We'll give you a full breakdown with no hidden surprises.

Do I have to pass a credit check?

There is a financial assessment, but it's different from a traditional credit check. The lender evaluates your willingness and ability to meet your obligations — property taxes, insurance, and home maintenance. It's designed to protect you, not disqualify you.

Ready to learn what a reverse mortgage could look like for you?

No pressure, no obligation. Just a straightforward conversation about your options.

No obligation · No hard sell · Your questions, answered honestly

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