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What Is a Reverse Mortgage?
A reverse mortgage allows eligible homeowners to convert part of their home equity into available funds without required monthly mortgage payments. The loan is repaid when the home is sold, vacated, or no longer the primary residence.
Conventional Loans
Use a portion of your home's value without selling your property
Stay in Your Home
Continue living in your home while meeting program requirements
Compare Lender Options
Review available programs, rates, fees, and lender requirements
Reverse Mortgage Program Types
HECM Reverse Mortgage
Federally insured reverse mortgage program for eligible homeowners
Proprietary Reverse Mortgage
Private lender programs designed for higher-value properties
Reverse Mortgage for Purchase
Use a reverse mortgage to help purchase a new primary residence
Explore Reverse Mortgage Options
Supplemental Retirement Income
Federally insured reverse mortgage program for eligible homeowners
Home Improvement Funding
Use home equity funds for renovations, repairs, upgrades, or accessibility improvements
Healthcare & Living Expenses
Federally insured reverse mortgage program for eligible homeowners
Your Reverse Mortgage Journey
Understand eligibility, compare programs, and review lender options before making a decision
Review Eligibility
Estimate Available Equity
Compare Lenders
Continue When Ready
Reverse Mortgage Tools & Calculators
Reverse Mortgage Calculator
Estimate potential borrowing amounts
Home Equity Calculator
Estimate available home equity
Loan Balance Projection
Review estimated future loan balances
Property Value Calculator
Explore home value scenarios
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