How Can A Reverse Mortgage Help You?



Found out how much you qualify for...

What is a Reverse Mortgage?

A Home Equity Conversion Mortgage (HECM), also known as a reverse mortgage, is a Federal Housing Administration (FHA) insured loan that enables you to access a portion of your home’s equity to obtain tax-free* funds without having to make monthly mortgage payments.

*Consult your financial advisor or appropriate government agencies for any effect on taxes or government benefits.

Benefits of a Reverse Mortgage

With a HECM Loan…


  • Your existing monthly mortgage payment is eliminated.
  • You continue to own your home and maintain the title.
  • Loan proceeds are tax-free and can be used as you choose.
  • Your loan is insured by the Federal Housing Administration (FHA).


To be eligible for a HECM loan:

  • The youngest borrower must be at least 62 years of age.
  • Non-Borrowing spouse under age 62 is allowed.
  • Your home must be your primary residence and have sufficient equity.
  • Existing mortgage must be paid off using the HECM loan proceeds.
  • You must live in a single family, two-to-four unit owner-occupied home, townhouse, approved condominium or manufactured home.

You must also:

  • Complete a HUD approved counseling session.
  • Maintain your home according to FHA requirements.
  • Continue to pay property taxes and homeowners insurance.

Help Your Children

Long Term Care

Home Improvement

Pay Off Your Mortgage

Take A Dream Vacation

Pay Off Debt

Retirement Income

Pay For Healthcare