Reverse Mortgage Options
Reverse Mortgage Options you need to be familiar with
HECM (FHA-Insured):
For homes up to county limits (e.g., $1,209,750 for 2025). If your home is worth more than $1,209,750 you can still use HECM and the line of credit option but only up to the $1,209, 750 amount.
Proprietary or “Jumbo” Reverse Mortgages:
• Available for homeowners 55+
• For higher-value properties (up to $4 million or more)
• No mortgage insurance premiums
Fixed vs. Adjustable Rate:
Each offers unique benefits depending on financial goals.
Line of Credit Feature:
Unused credit grows over time, increasing available funds in the future.
About Earned And Secure Reverse Mortgage Options
Convert a portion of the value of your home equity into spendable money that you earned. The home equity you have is an illiquid asset, just like any savings, retirement, pension, etc., you have that is tax free, and you can convert to cash so that you can use it. Never pay a mortgage payment and put that in your pocket: IF you live in the home as a primary residence, pay property taxes and HOI insurance and/or HOA dues, maintain your home, and keep name on title.
Financial Flexibility: Receive funds to cover medical bills, home repairs, or other needs without monthly mortgage payments.*
Tailored to Your Life: Whether it’s an unexpected expense or planning ahead, reverse mortgages can be a reliable financial tool.
Maintain Ownership: Your home remains yours, just like a traditional mortgage, as long as the loan terms are met.
*Borrower must pay property taxes, insurance, any HOA fees and maintain the property.
Use It For Unexpected Events
Medical Expenses: Access funds to cover unexpected healthcare costs.
Home Repairs: Keep your home in top shape without financial stress.
For anything else!
Request your FREE reverse mortgage guide today to learn more about:
Common reasons to get a reverse mortgage.
How much money can you get?
How to qualify.
Reverse mortgage benefits.
And much more!
Enjoy These Benefits!
Financial Flexibility: Receive funds to cover medical bills, home repairs, or other needs without monthly mortgage payments.
Tailored to Your Life: Whether it’s an unexpected expense or planning ahead, reverse mortgages can be a reliable financial tool.
Maintain Ownership: Your home remains yours, just like a traditional mortgage, as long as the loan terms are met