Home Equity Conversion Mortgage (HECM)
A federally insured mortgage that lets a homeowner 62 or older borrow against the value of the home. No repayment is required until the borrower dies or the home is sold.
Who it's for
- You are 62 or older and own your home.
What it offers
- A lump sum, monthly payments or a line of credit
- Referral to required counseling
Counseling is required so all parties understand the legal and financial obligations.
Call to check before you apply.
- Service area
- Suffolk County
SourceProgram and Services Guide for Senior Citizens (2026), p.15·Checked Oct 19, 2026
About this information
SeniorSolver last compared this entry with its source documents on Oct 19, 2026. That is not a confirmation from the program.
The summary is our own wording. Phone numbers, address, hours, eligibility, costs and service area are reproduced from the documents below as published.
- Program and Services Guide for Senior Citizens (2026), p.15 – Suffolk County Office for the Aging
Programs change. Call to confirm before you apply.
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