Exam Topics: What You Need to Know

 

The HECM exam was last updated in January 2015 and reflects HECM program changes up to and including ML 2014-21 and 22 (Financial Assessment).  The precise breakdown below has not been updated based on the newest version of the exam, but the general breakdown should be similar.

Exam Topics

CONTENT CATEGORY

Percent of Test

Number of Questions

I - Reverse Mortgage Basics

27%

27

II - HECM Costs and Benefits

35%

35

III - Alternatives to Reverse Mortgages

12%

12

IV - HECM Counseling

26%

26

 

100%

100