Turn Your Home
Equity Into Cash
You Deserve
A reverse mortgage allows homeowners 62+ to convert home equity into tax-free funds — with no monthly mortgage payments required.*
Access More of Your
Home's Equity
Get the answers you need to make a confident decision about your retirement.
What is a Reverse Mortgage?
A reverse mortgage is a loan that allows you to convert home equity into cash with no monthly payments.
Learn more →How Do You Get Your Funds?
After closing, you can receive the funds as a lump sum, monthly payments, a line of credit, or a mix of these options.
Learn more →Reverse Mortgage FAQ
Our FAQ covers the essentials — from eligibility to how the loan works and your repayment options.
Learn more →How Do You Qualify?
You must be 62 or older, live in the home as your primary residence, have sufficient equity, and complete HUD-approved counseling.
Learn more →Read Our Reviews
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Learn more →Reverse Mortgage Safeguards
Learn about the safeguards built into every FHA-insured reverse mortgage to protect your home, finances, and peace of mind.
Learn more →What is a Reverse Mortgage?
A reverse mortgage is a specialized home loan designed for homeowners aged 62 and older that allows you to convert part of your home's equity into cash without selling your home or making monthly mortgage payments. Unlike a traditional mortgage where you pay the lender, a reverse mortgage pays you. The funds can be received as a lump sum, monthly payments, a line of credit, or a combination of these options.
You Still Own Your Home
You remain the owner of your home and must continue paying property taxes, homeowners' insurance, and maintenance costs.
Government-Backed Consumer Protections
The loan is insured by the Federal Housing Administration (FHA), which includes consumer protections such as limits on fees, mandatory counseling, and safeguards for non-borrowing spouses.
Loan Repayment Happens Later
The loan balance becomes due when you sell the home, move out permanently, or pass away. At that point, the home is usually sold to repay the loan, and any remaining equity goes to you or your heirs.
How Do You Qualify?
To qualify for a reverse mortgage, you must meet a few key requirements.
Age
You must be at least 62 years old to be eligible for a reverse mortgage.
Primary Residence
The home must be your primary residence — not a vacation home or investment property.
Home Equity
You need sufficient equity in your home, typically 50% or more to qualify.
Property Type
Eligible properties include single-family homes, FHA-approved condos, and certain manufactured homes.
Financial Assessment
You must demonstrate the ability to pay ongoing costs like property taxes, homeowners insurance, and maintenance.
HUD Counseling
Completing a HUD-approved counseling session is mandatory before applying — at no cost to you.
What's the Process?
Getting started is easy. Our team will guide you every step of the way so you can move forward with confidence.
Check Eligibility
We begin with a brief review of your age, home type, and available equity to determine if a reverse mortgage is a suitable option for you.
Complete the Counseling Session
A required session with an independent, third-party counselor explains your options, protections, responsibilities, and safeguards — at no cost to you.
Submit Your Application
Your reverse mortgage advisor walks you through the application, explains how much you may qualify for, and answers all of your questions.
Appraisal & Underwriting
Your home is appraised, and your application is carefully reviewed to ensure everything meets program guidelines before final approval.
Loan Closing
You sign the final documents and confirm how you'd like to receive your funds at closing.
Receive Your Funds
You confirm your payout preferences, with funds available three days after closing.
Reverse Mortgage
Disbursement Options
Choose the payout option that best suits your financial needs and retirement goals.
Lump Sum
Receive all your available funds at once — ideal for large expenses or paying off an existing mortgage.
Monthly Disbursements
Choose fixed monthly payments for a set period or for as long as you live in your home, providing steady, predictable income.
Line of Credit
Access funds as needed, with the added benefit that your available credit can grow over time.
Reverse Mortgage
Safeguards
These safeguards are built into every FHA-insured reverse mortgage to protect your home, your finances, and your peace of mind.
Mandatory HUD Counseling
Ensures you fully understand the loan terms and make informed decisions before proceeding — provided at no cost to you.
Non-Recourse Loan Protection
Guarantees you or your heirs will never owe more than the home's value when the loan is repaid.
Non-Borrowing Spouse Protections
Provides security so eligible spouses can remain in the home even after the borrower passes away.
No Monthly Mortgage Payments*
Reduces financial stress by eliminating monthly mortgage obligations — just maintain taxes, insurance, and upkeep.
Reverse Mortgage FAQ
Get Your Free Reverse Mortgage Guide
Everything you need to know about reverse mortgages, eligibility, the process, and your options — all in one free downloadable guide.
Download the Guide