There is a ton of misinformation out there about reverse mortgages. You may have heard things like “reverse mortgages are only for broke and desperate people” or “the bank takes your house”. Unfortunately, myths such as these scare seniors away from the many benefits offered by a HECM reverse mortgage.
My name is Mike Roberts and I’m the founder of MyHECM.com and Reverse Mortgages of America. I launched both sites to help fill a need for detailed and unbiased HECM reverse mortgage information online.
This website is not a lender and is unaffiliated with any lender. The information provided on this site is intended to be as impartial as possible. We recognize that a reverse mortgage isn’t the ideal option for everybody, so the goal of this website is to provide as complete and unbiased a picture of the HECM reverse mortgage program as possible. My hope is that the information provided here helps you make a better decision about whether a reverse mortgage is right for you.