Reverse mortgages are loan products that allow seniors (62+) to borrow against the value of their homes while requiring no monthly payments as long as they are living in the home.
During the reverse mortgage counseling session, we will discuss:
- Your financial goals and how they relate to getting a reverse mortgage
- What is a Home Equity Conversion Mortgage (HECM)?
- Review the costs associated with a HECM loan
- Evaluate the pros and cons to this loan product
- Discuss alternatives to reverse mortgage that may help you meet your financial goals
- Each participant will receive a certificate of completion to move forward with the lending process
Before You Begin:
This service is offered to all Colorado residents and has an upfront fee of $125. If a household falls below 200% of the federal poverty level, the fee can be financed into the HECM loan at closing. The counselor will discuss these options with you before scheduling the appointment.

To get started, contact our reverse mortgage counselor:
Lexi Valenti
Homeownership Supervisor
(970) 829-0435