OHSI
Contact   |   Site Map  

Current Application Cycle:
Opened on: March 22 at Noon..
Apply by: March 28 at Noon.


Reverse Mortgage Benefit

The Reverse Mortgage Benefit is for homeowners with a Home Equity Conversion Mortgage (HECM) that is behind due to charges¬ (including taxes, insurance and homeowner association fees) advanced by their lender. To fully reinstate the account, this program can provide a maximum benefit up to $40,000, paid directly to the reverse mortgage servicer.

 

Use the links below to guide you through the application process.

 

NOTE: The benefit is provided in the form of a no-interest, five-year forgivable loan for which a lien will be recorded against the property.

 

 

Learn how to apply
If you need help or have questions, contact OHCS at homeowner.help@hcs.state.or.us.
  •    
  •    |   
  • Copyright © 2017 OHSI
  •    |   
  •    
  •