Service Name: UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT - HOME EQUITY CONVERSION MORTGAGES FOR SENIORS
Organization Name: UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
Location
Location Name: SAN FRANCISCO REGIONAL OFFICE
- Accessibility: Potential limitations to access - call for details.
- Physical Address: One Sansome Street, Suite 1200, San Francisco, CA, 94104
- Mailing Address: One Sansome Street, Suite 1200, San Francisco, CA, 94104
- Description: The Federal Housing Administration's (FHA) reverse mortgage program enables seniors to withdraw a part of their home's equity to use for home maintenance, repairs, or general living expenses. HECM borrowers may live in their homes as long as property taxes and homeowner's insurance are kept current.HECM counselors can help with understanding program eligibility requirements, financial implications, and alternatives to obtaining a HECM and repaying the loan. Search for a HECM counselor online.
- Website: https://www.hud.gov/program_offices/housing/sfh/hecm/hecmhome
- Email: ca_webmanager@hud.gov
- Phone(s): (800) 877-8339, (800) 569-4287, (800) 225-5342, (415) 489-6400
- Hours: San Francisco Regional Office Hours: Monday through Friday, 8 am - 4 pm
- Eligibility: The borrow must: - Be 62 years of age or older- Own the property outright or paid-down a considerable amount- Occupy the property as their principal residence- Not be delinquent on any federal debt- Have financial resources to continue to make timely payment of ongoing property charges such as property taxes, insurance and Homeowner Association fees, etc.- Participate in a consumer information session given by a HUD- approved HECM counselorVisit the website for additional requirements such as property and financial requirements.
- Requirements: Call for details.
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Areas Served:
- Modoc United States
- Solano United States
- Tehama United States
- Siskiyou United States
- San Benito United States
- Nevada United States
- Sonoma United States
- Del Norte United States
- Fresno United States
- Tuolumne United States
- Santa Cruz United States
- Mariposa United States
- Colusa United States
- Yuba United States
- Alpine United States
- Glenn United States
- Kern United States
- Tulare United States
- Trinity United States
- San Joaquin United States
- Lassen United States
- El Dorado United States
- Merced United States
- Alameda United States
- Stanislaus United States
- Marin United States
- Plumas United States
- Shasta United States
- Lake United States
- Placer United States
- Napa United States
- Contra Costa United States
- Butte United States
- Yolo United States
- San Francisco United States
- Kings United States
- San Mateo United States
- Monterey United States
- Calaveras United States
- Sutter United States
- Sacramento United States
- Humboldt United States
- Amador United States
- Mendocino United States
- Madera United States
- Santa Clara United States
- Sierra United States
- Categories: