Eliminate your monthly mortgage payment1, federally backed.
Government-insured option for homeowners 62+ available nationwide.
Explore our reverse mortgage options
Find the right fit for where you are, and whatever comes next.
Get loans starting at $200K with your higher-value home.
For homeowners 55+2 with significant equity who need larger loan amounts.
Keep your current first mortgage rate while accessing equity.
HELOC alternative for homeowners 55+2 wanting cash without refinancing.
1The borrower must meet all loan obligations, including living in the property as the principal residence and paying property charges, including property taxes, fees, hazard insurance. The borrower must maintain the home. If the homeowner does not meet these loan obligations, then the loan will need to be repaid.
These materials were not provided by HUD or FHA and were not approved by FHA or any government agency.
Is a reverse mortgage right for you?
Get a quick overview below, or dive into our reverse mortgage guide for the full picture.
What you get
- No new monthly mortgage payment required1 for any of our reverse mortgage products. Make payments when and how you choose, including no payments at all.1
- Access a portion of your home equity as tax-free cash.3
- Keep living in your home4 while maintaining ownership.
What to know going in
- Interest and fees accrue over time, increasing the balance.
- The loan is repaid when you sell the home, move out permanently, pass away or no longer meet loan terms.
- Built-in consumer protections help ensure neither you nor your heirs will owe more than the home's value.
1The borrower must meet all loan obligations, including living in the property as the principal residence and paying property charges, including property taxes, fees, and hazard insurance. The borrower must maintain the home. If the homeowner does not meet these loan obligations, then the loan will need to be repaid.
4The right to remain in the home is contingent on paying property taxes and homeowner’s insurance, maintaining the home, and complying with the loan terms.
See how our solutions stack up
Best for
Eliminating mortgage payments1 & supplementing income
Higher-value homes needing larger loan amounts
Accessing home equity while keeping your first mortgage
Max loan amount
Based on home values up to $1.2M
Up to $4M
Up to $1M
Typical loan size
Varies by age and home value
Typically $200K+
$50K+
Lump sum option
Yes
Yes
Yes
Monthly disbursement option
Yes
No
No
Line of credit option
Yes
Yes
Yes5
Minimum age
62+
55+2
55+2
Interest rate
Fixed or variable
Fixed or variable
Fixed only
1The borrower must meet all loan obligations, including living in the property as the principal residence and paying property charges, including property taxes, fees, and hazard insurance. The borrower must maintain the home. If the homeowner does not meet these loan obligations, then the loan will need to be repaid.
5While HomeSafe Second Line of Credit permits amounts up to the total principal limit to be accessed in multiple or staged draws, the product is closed-end, meaning that drawn amounts, once repaid, are not permitted to be redrawn. HomeSafe Line of Credit is not a revolving loan product. Currently, available to borrowers in California.
See where each product is available
We offer reverse mortgage products across all 50 states, with guidelines that vary by location. Select a product to view availability and age requirements.
Available
Unavailable
Age requirements:
Minimum age for all states is 62.
Available
Unavailable
Age requirements:
Minimum age 60 for MA & WA
Minimum age 62 for TX
For all other states the minimum age is 55
Available
Unavailable
Age requirements:
Minimum age 60 for WA
For all other states the minimum age is 55
Important legal disclaimers
1The borrower must meet all loan obligations, including living in the property as the principal residence and paying property charges, including property taxes, fees, and hazard insurance. The borrower must maintain the home. If the homeowner does not meet these loan obligations, then the loan will need to be repaid.
2Minimum age requirements vary by state and loan type. 62 is the minimum age for a HECM. Certain proprietary products have minimum ages as low as 55.
3This is not tax advice; borrowers should consult a tax professional.
4The right to remain in the home is contingent on paying property taxes and homeowner’s insurance, maintaining the home, and complying with the loan terms
5While HomeSafe Second Line of Credit permits amounts up to the total principal limit to be accessed in multiple or staged draws, the product is closed-end, meaning that drawn amounts, once repaid, are not permitted to be redrawn. HomeSafe Line of Credit is not a revolving loan product. Currently, available to borrowers in California.
