*CFPB Report to Congress on Reverse Mortgages, June 2012. Note: A credit line is available only on adjustable-rate HECM products.

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**2 Consult a financial advisor and appropriate government agencies for any effect on taxes or government benefits.

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***This material is not from HUD or FHA and has not been approved by HUD or a government agency.

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The borrower must meet all loan obligations, including living in the property as the principal residence and paying property charges, including property taxes, fees, hazard insurance. The borrower must maintain the home. If the homeowner does not meet these loan obligations, then the loan will need to be repaid.