Massachusetts Discount Mortgage - Consumer Direct

To be eligible for a HUD reverse mortgage, HUD’s Federal Housing Administration (FHA) requires that the borrower is a homeowner, 62 years of age or older; own your home outright, or have a low mortgage balance that can be paid off at the closing with proceeds from the reverse loan; and must live in the home. You are further required to receive consumer information from HUD-approved counseling sources prior to obtaining the loan. You can contact the Housing Counseling Clearinghouse on 1-800-569-4287 to obtain the name and telephone number of a HUD-approved counseling agency and a list of FHA approved lenders within your area.  See how to get your reverse mortgage here.

As a consumer you should always seek out objective Information and Education when looking for a mortgage solution.

One option is a Reverse Mortgage, but you should fully understands the implications of a Reverse Mortgage as well as all of their options.

Our goal is to give our customers the information and education they need to make the right financing decision, so whether you visit our website, read our brochures and free guides, or meet with one of our loan consultants in person, you know you are getting the honest answers you need to navigate your financing decision.
We Cut Out the Middleman
One Reverse Mortgage is a direct Reverse Mortgage lender. What does that mean? It means that we cut out the back and forth to make your borrowing process go faster and more smoothly. At One Reverse Mortgage there is no broker and no middleman. We make the final decision on your loan by underwriting the loan in-house.
We Save You Money
The One Reverse Mortgage Low Cost/Rate guarantee means you will never pay too much for your Reverse Mortgage.
Greater Choice in Loan Programs
With more loan programs than any other lender, One Reverse Mortgage is more likely to find a Reverse Mortgage that suits your individual needs. Not only do we offer the HECM variable rate products, but also the fixed rate HECM Reverse Mortgage as well as nearly a half a dozen proprietary Reverse Mortgage programs.
A Company You Can Trust
One Reverse Mortgage is a division on One Mortgage Network, LLC and is licensed to lend in over 30 states across the U.S. We are licensed by the U.S. governments Federal Housing Administration (FHA) and the Administration of housing and Urban development (HUD). We are a proud member of NRMLA, the National Reverse Mortgage Lenders Association and strictly adhere to its code of conduct.