Not All People in Hillsboro Oregon Can Apply to get a Reverse Mortgage. There are specific requirements you must satisfy so that you are qualified to receive a reverse mortgage. The most widespread form of a reverse home loan is known as a Home Equity Conversion Mortgage (HECM). The Federal Housing Administration (FHA), a an integral part of the Department of Housing and Urban Development (HUD), insures HECMs. Note: This webpage offers specifics about HECMs, which are the most popular type of reverse mortgage loan. To qualify and apply for a reverse mortgage in Hillsboro OR: • You have to be at least Sixty two years old. • Your house…