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This search is restricted to community resources serving 45069.
Find the help you need > Health Supportive Services > Reverse Mortgage Programs

Reverse Mortgage Programs

Programs that make an arrangement which allows older adults who have equity in their homes to obtain cash from their homes without selling them in order to pay for home health care and other needed services and avoid institutionalization (or to use for other purposes). The individual may either obtain a reverse annuity mortgage which provides an annual income for the individual and may also include a lifetime tenancy, or sell and lease back his/her home on a basis that guarantees lifetime tenancy. The institution providing the annuity receives title to the house or cash from the sale only when the older person dies or moves away. In the sale-leaseback arrangement, the title to the house is transferred to the lender immediately. Most of these programs provide counseling regarding the general benefits of reverse mortgages, and some may evaluate an individual's personal financial situation and recommend a reverse mortgage if it would be to the person's advantage.

1 Location offering the requested services to residents of the 45069 postal code. Providers are listed by priority/proximity
DEPARTMENT OF HOUSING & URBAN DEVELOPMENT - COLUMBUS AREA OFFICE
200 North High Street 7th Floor Room 707
Bricker Federal Building
Columbus, OH 43215
(614) 469-5737 Administrative
(614) 280-6177 FAX
Franklin County
86 miles from you
The resource database information is up-to-date to the best of our knowledge. However, you should always call the provider to confirm this information and make an appointment. Be sure to confirm payment information with the provider, if payment is required. We do not rate or endorse any agency.
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