Griffin Financial Mortgage - The Reverse Mortgage Source

Reverse Mortgage Consumer Safeguards

Reverse Mortgage loans were designed by the U.S. Department of Housing and Urban Development (HUD), Fannie Mae and other private institutions. Most of the Reverse Mortgage loans made today are insured by the Federal Housing Administration (FHA); a government supported mortgage insurance program.

Borrowers must obtain independent counseling prior to applying for a Reverse Mortgage. Counseling is only available from approved, independent, third-party sources and the counseling is designed to highlight and discuss:

Consumers have additional sources of nationally recognized providers that can be accessed for additional information including: