FHA Home Equity Conversion Mortgages

FHA Home Equity Conversion Mortgage

HUD regulated, FHA insured reverse mortgages are one of the safest financial instruments available to seniors today. In its simplest terms, it allows homeowners age 62 or older to access a portion of their home equity in cash, monthly payments, or its most popular feature: A growing line of credit.

It is an FHA loan in every sense of the word, except that it allows the borrower the complete flexibility to decide when to repay the loan… as desired or not until the home is no longer the last borrower’s primary residence.

Since 2013, these products have been continually enhanced to protect the borrowers and the federal government alike. Protections have included:

  • Required counseling with an independent third-party government approved counselor.
  • Financial assessments to ensure the borrower can pay taxes, insurance and maintain the home.
  • Significantly more protection for borrowing and non-borrowing spouses alike, and more.

The three types of HECM reverse mortgage are:

Follow Richard with Central Florida Reverse


Central Florida Reverse
- NMLS: 1486483
- FL: MBR2015
- GA: 62076


W. Brandon McWhorter
- NMLS: 1222276
- FL: LO29724
- GA: 62082

Richard W. McWhorter
- NMLS: 1618644
- FL: LO 44137
- GA: 57530

Contact Us

Central Florida Reverse
200 E Tillman Avenue
Lake Wales, FL 33898

(404) 313-9785


McWhorter Mortgage, LLC, dba Central Florida Reverse Mortgage, NMLS 1486483, provides an Equal Housing Opportunity.  Information is subject to change without notice.  This is not an offer for extension of credit or a commitment to secure a loan.  Some restrictions may apply. McWhorter Mortgage is licensed in Florida and Georgia, call for referral recommendations in other states. This material is not from HUD or FHA and has not been approved by HUD or any government agency.