Also called: HECM Counselor, Reverse Mortgage Counselor
A HUD-approved counselor who explains reverse mortgages to older homeowners before they sign, so they understand the risks and costs.
She spends an hour on the phone with an 80-year-old widower and his daughter, walking through how a reverse mortgage works, what fees he would pay, and what happens if he moves to assisted living. She documents the session so the lender can move forward.
Estimate; some counselors are paid per session.
Approximate: anchored on Bureau of Labor Statistics data for a broader job group.
Certificate, about 1.5 years after high school. HUD requires passing its HECM counselor exam and working for a HUD-approved agency; housing counseling experience helps.
Ways in: Certification, On-the-job training. Training cost: Under $15k.
Majors to look at: Finance, Social Work, Gerontology.
Growing about average. Steady as more retirees tap their home equity.
Medium risk for 10 years. Calculators and AI handle the math; HUD requires a real counselor to talk each borrower through the risks.
Classes: Personal finance, Math, Psychology.
Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.