A smarter way to use the home you've worked so hard for
A reverse mortgage lets eligible homeowners aged 55 and older convert a portion of their home equity into tax-free cash — with no monthly mortgage payment required.
Your Home Is a Powerful Asset Use It to Your Advantage
If you're 55 or older and own your home, you've spent decades building equity. A reverse mortgage is a government-insured loan that allows you to access that equity as cash — without selling your home, without taking on a monthly payment, and without giving up ownership.
The loan is repaid when you sell the home, move out permanently, or pass away. Until then, you continue to live in your home exactly as you do today — maintaining it, enjoying it, and owning it.
At Home Reverse, we believe every homeowner deserves to understand this option clearly and without pressure. That's what this page is here to do.
Five simple steps to unlocking your home equity
Check Your Eligibility
Answer a few quick questions to see if you qualify. No commitment.
Speak With a Home Reverse Advisor
A licensed advisor will guide you through your options.
Get Your Home Appraised
An FHA-approved appraiser evaluates your home's value.
Review and Sign Your Documents
Go through every detail and complete counseling.
Receive Your Funds
Get your funds within days after closing.
Let's clear up the most common misconceptions
What Stays the Same:
- You remain the legal owner of your home
- You can stay in your home for as long as you choose
- Your heirs can still inherit the property
- You can sell your home at any time
- Your home can still appreciate in value
What Changes:
- No more monthly mortgage payment required
- Your home equity is gradually accessed over time
- The loan balance grows as interest accrues
- The loan becomes due when you sell, move out permanently, or pass away
Here's what you need to qualify
A reverse mortgage isn't right for everyone — and we'll always tell you that honestly. Here are the basic requirements.
Age 55+
You must be 55 years of age or older. For married couples, both spouses should ideally meet the age requirement.
Homeownership
You must own your home outright or have significant equity. The home must be your primary residence — not a vacation home or investment.
Property Type
Single-family homes, FHA-approved condominiums, and certain manufactured homes are eligible. Your advisor can confirm your specific property.
Financial Obligations
You must be current — or able to become current — on property taxes, homeowner's insurance, and basic home maintenance.
See how a reverse mortgage stacks up
Understanding your options is the first step to making the right decision.
They were skeptical too
Frequently asked questions
Reverse mortgages can seem confusing. Here are answers to the questions homeowners ask most.
Now you know how it works — see your numbers.
Get a free, no-obligation estimate in under a minute.