How much can I get with a reverse mortgage, and what are my payment options if I live in Keizer Oregon? Answer: This would depend on the type of home loan, the lending company you choose, as well as the payment option you choose. Most reverse mortgages today are Home Equity Conversion Mortgages (HECMs). The Federal Housing Administration (FHA), a part of the Department of Housing and Urban Development (HUD), insures HECMs. With a HECM reverse mortgage, you could get your money in one of three ways: as a credit line, in monthly installments, or a one time payment. You can also get a combination of monthly payments and a…