Turn Your Home Into Retirement Income
Access your home's equity without monthly payments. For homeowners 62+, a reverse mortgage can provide financial flexibility while you stay in your home.
What Is a Reverse Mortgage?
A Home Equity Conversion Mortgage (HECM) is a federally-insured reverse mortgage that allows homeowners 62 and older to convert part of their home's equity into cash without monthly mortgage payments. You continue to own your home and can live in it as long as you maintain the property and pay taxes and insurance.
FHA-Insured Protection
Government-backed program with consumer protections and non-recourse features.
Keep Your Home
You retain ownership and can live in your home for life with proper maintenance.
Flexible Payment Options
Receive funds as a lump sum, monthly payments, line of credit, or combination.
Common Uses for Reverse Mortgage Funds
Discover how homeowners use reverse mortgage proceeds to enhance their retirement lifestyle.
Home Improvements
Renovate your kitchen, bathroom, or make accessibility modifications to age comfortably in place.
Healthcare Costs
Cover medical expenses, long-term care costs, or health insurance premiums not covered by Medicare.
Debt Elimination
Pay off existing mortgage, credit cards, or other debts to reduce monthly expenses and improve cash flow.
Emergency Fund
Establish a financial safety net for unexpected expenses or economic downturns in retirement.
Family Support
Help children or grandchildren with education costs, home purchases, or other major life events.
Lifestyle Enhancement
Travel, hobbies, dining, and other activities that make retirement more enjoyable and fulfilling.
Frequently Asked Questions
Get answers to common questions about reverse mortgages and HECMs.
Ready to Explore Your Reverse Mortgage Options?
Discover how much you could access and learn if a reverse mortgage is right for your retirement goals.