Attorney General Aaron Ford recommends getting the facts before you agree to a reverse mortgage.

 

                                                                

 

Some Nevadans are not sure if they will have enough money when they retire to pay their bills, cover medical expenses, or take care of their families. Often, senior citizens turn to reverse mortgages to find additional income.

Any time you have a financial transaction, it is important to understand all the details.  Senior citizens are often targets of fraud so they must be careful to choose a legitimate reverse mortgage and not a scam. Even legal reverse mortgages might not be the best option. Before signing anything, make sure you are protected and seek assistance from a reliable source. 

The Home Again Program sponsored by Attorney General Aaron Ford’s office is here to help. Home Again counselors provide free and accurate information about reverse mortgages and can guide you with your options. The more you know, the better your decision.

The Home Again Program focuses on more than just reverse mortgages. Home Again can help you with buying a home, restoring your credit, and modifying your home loan. It also can assist with information on Notario Scams, helping you understand what to look out for when seeking assistance with immigration laws.

Home Again is a state-wide program. This free service is available for all Nevadans simply by calling toll free 1-855-HLP-4-NEV (1-855-457-4638). The call center is open 8:00 a.m. – 6:00 p.m., Monday – Friday. You may also submit your request via the ‘Contact’ form on the website https://homeagainnevada.gov/. Asistencia está disponible en español.