The H.E.C.M. (Home Equity Conversion Mortgage) is the ONLY Reverse Mortgage Insured by the Federal Government. HECM Reverse Mortgages are Insured by the FHA (Federal Housing Administration), which is part of the U.S. HUD (Department of Housing and Urban Development).

The FHA tells H.E.C.M. Reverse Mortgage Lenders how much money they can lend you, based on your age and home value. The HECM program limits your loan costs, and the FHA Guarantees that HECM Reverse Mortgage Lenders will meet their obligations.