Loan programs
Reverse mortgage
A loan for older homeowners, usually a HECM, that turns home equity into income without monthly payments.
Why it is hard
Counseling, financial assessment and heir considerations make reverse mortgages a specialty of their own.
What to ask a loan officer
- Are you a reverse mortgage specialist, and how many have you closed?
- What are the total costs, including mortgage insurance?
- What happens to the home for my heirs?
Also called
reverse mortgage, hecm, home equity conversion, reverse, h4p, hecm for purchase
Find a loan officer
Ranked loan officers by state and city are coming soon. Agents can query now: /api/v1/loan-officers?specialty=reverse&state=FL or this specialty as JSON.