1. Learn about this resource.
Residents who have a reverse mortgage, which allows homeowners to access the value of their home in cash and stops their loan payments, can get help paying overdue taxes and fees. You can receive an interest-free loan of up to $25,000 from DC Government for your overdue property taxes, homeowner’s insurance, condominium fees, and/or homeowners’ association fees. You won’t need to repay the loan until you sell your home or no longer live there.
This program is called DC Reverse Mortgage Insurance & Tax Payment Program (ReMIT) and is offered by the DC Housing Finance Agency, in partnership with Housing Counseling Services, a local nonprofit.
2. Check if you are eligible.
You are eligible if all of these statements are true:
Your annual gross income—your income before paying taxes—is at or below $77,540. To calculate your income, add up the income of anyone listed on your mortgage and money you receive for housing from anyone you live with.
You own the home that you live in.
Your home is in DC.
You have a reverse mortgage for your home in your name, which means that you can access the value in your home in cash and don’t have to make mortgage payments. You have to be at least 62 years old to get a reverse mortgage.
You are at risk of foreclosure because you’ve been unable to pay all or some of your property taxes, homeowner’s insurance, or condo or homeowners’ association fees.
You can show that you have the income to pay your future financial obligations.
get help paying taxes and fees for your home?
DO YOU WANT TO
Call Housing Counseling Services, a local nonprofit organization, at (202) 265-2255 to schedule a meeting. Meetings can be over the phone, online, or in person.
The housing counselor may ask you to gather documents to help them understand your financial situation and the current status of your mortgage. They’ll let you know what they need.
Talk with a housing counselor during your scheduled meeting to prepare your application and documents. This will include a credit check. This credit check is a soft pull, which means that it won’t affect your credit score.
The housing counselor will contact your mortgage lender or servicer and/or your homeowners’ association for information on your overdue payments.
The housing counselor uploads your application materials to the program portal.
4. Gather more information.
What happens after I apply?
We—DC Government—will review your application within two business days after the housing counselor submits it.
The housing counselor will email you to let you know if your application is approved for a loan.
We will prepare the paperwork and schedule a day and time for you to sign your documents, including a loan agreement.
We will wire the loan funds directly to the title company so that they may pay the overdue fees for you.
Are there any additional requirements I should know about?
Who should I contact if I have questions?
I still need help paying my mortgage. What should I do?
You can find information about other resources that might help on our mortgage resources page.
Frequently Asked Questions
Do all eligible applicants get the loan?
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Keywords: homeowners, interest-free loan, overdue taxes and fees, homeownership, older adults, at risk of foreclosure, income limits, elderly, seniors, retired, late payment, stay in your home, reverse mortgage
This page was last updated February 2021.