Now that you've completed Reverse Mortgage Counseling and made the important decision of getting a reverse mortgage, selected the interest rate option and payment plan (the most important steps of the process) it's time to get to work on the loan process of your HECM Reverse Mortgage. This step by step guide will help you understand the details as your loan moves through the stages to loan closing. Knowledge of the FHA reverse mortgage steps and what is required along with clear communication from your originator and processing team, you can be certain your transaction will be smooth and fast so you can start enjoying the benefits of having access to your home equity, or enjoy your new home without having to make mortgage payments.