The Office of the Comptroller of the Currency (OCC) has published “Reverse Mortgages: Are They for You?,” a consumer advisory to help folks better understand reverse mortgages.
A reverse mortgage is a loan against your home that you don't have to pay back for as long as you live in your home. They're generally made available to consumers 62 or older, and can be used to supplement retirement income or meet health care or other financial needs.
VHFA does not offer a reverse mortgage program.