“Dear Steve,
70 years old, unemployed for 2 1/2 years, unemployment run out. 14 months left on mortgage, 3 credit cards in collections, 8 medications, medicare d which is going up, 2 strokes, little damage to self. have money from teaching pension going into account to pay mortgage and irs, state taxes, property, home, life, car insurance;
want to look into reverse mortgage and need a counselor. have no credit card to pay 125, have senior citizen phone with limited minutes and don’t know where to turn;
Pat”
Dear Pat,
You can find a number of resources and links to reverse mortgage counselors by visiting the HUD page on Home Equity Conversion Mortgages for Seniors. There is also a tremendous about of housing counseling resources on this page as well.
You can also find contact information for non-profit agencies that are allowed to offer help on reverse mortgages by telephone. Click here for that information.
Please post your responses and follow-up messages to me on this in the comments section below.
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help me leave the home that has a reverse mortgage on it and we are too old to keep it up anymore. Â Do we have to wait until we die? Â Are there any options to becoming free of this trapped feeling from taking out a reverse mortgage and becoming unable and too old to take care of the home. Â There is no one to help us anymore.
Janet Brown  email: jbrown120837@hotmail.com