More Home Value. More Possibility.
If your home's value exceeds standard lending limits, a Jumbo Reverse Mortgage may allow you to access significantly more of your equity — without the restrictions of a government-insured HECM.
No obligation. Speak with a licensed advisor today.
Built for homeowners with high-value properties
A Jumbo Reverse Mortgage — also called a proprietary reverse mortgage — is a privately insured loan designed for homeowners whose property values exceed the lending limits set by the Federal Housing Administration for standard HECM loans.
Like a standard HECM, a Jumbo Reverse Mortgage allows eligible homeowners to access their home equity without selling the property, without giving up ownership, and without making monthly mortgage payments. The key difference is the loan ceiling — a Jumbo Reverse Mortgage can unlock significantly more equity from a high-value home than a government-insured HECM would allow.
At Home Reverse, we work with homeowners across the country to find the right reverse mortgage solution for their specific situation. For those with higher-value properties, a Jumbo Reverse Mortgage is often the most powerful tool available.
HECM vs. Jumbo Reverse Mortgage
Here is how a standard HECM compares to a Jumbo Reverse Mortgage so you can see which one fits your situation.
- 1Insured by the Federal Housing Administration
- 2Maximum loan amount capped at the FHA lending limit (adjusted annually)
- 3Available on homes up to a set appraised value
- 4Mortgage Insurance Premium (MIP) required
- 5Available through FHA-approved lenders
- 6Strict property eligibility requirements
- 1Privately insured — not subject to FHA lending limits
- 2Loan amounts available well above FHA caps — up to several million dollars
- 3Designed specifically for higher-value properties
- 4No Mortgage Insurance Premium required in most cases
- 5More flexible property eligibility in some scenarios
- 6Select private lenders including Home Reverse
More home equity. More financial freedom.
A Jumbo Reverse Mortgage gives high-value homeowners access to more of their equity, with fewer restrictions than a government-insured HECM.
Access More of Your Equity
Higher-value homes can unlock substantially more equity.
No Monthly Mortgage Payment
No monthly payment while living in the home.
No Mortgage Insurance Premium
Avoid costly insurance premiums on large loan amounts.
A Jumbo Reverse Mortgage is designed for situations like these
The High-Value Homeowner
“We've lived in our home for thirty years and it has appreciated significantly. Our financial advisor told us a standard reverse mortgage wouldn't unlock nearly enough equity. We didn't know there was another option.”
The Equity-Rich Retiree
“Most of our wealth is tied up in our home. We want to access a meaningful portion of that equity to fund our retirement — but a standard HECM's lending cap means we'd only be scratching the surface of what we've built.”
The Condo or Luxury Property Owner
“Our condo isn't FHA-approved, so a standard HECM was off the table entirely. A Jumbo Reverse Mortgage gave us access to our equity without needing FHA certification on the property.”
Here is what you need to qualify
Jumbo Reverse Mortgage eligibility requirements are similar to a standard HECM in many ways, with some important differences. Your Home Reverse advisor will confirm your specific eligibility during your consultation.
Not sure if your property qualifies?
Get My Free EstimateAge 55+
You must be at least 55 years of age. Requirements may vary slightly by lender and product.
High-Value Residence
Your primary home should have a value near or above the FHA HECM lending limit.
Significant Home Equity
You should have substantial equity, typically by owning most or all of your home.
Financial Responsibility
You must be able to stay current on taxes, insurance, and basic home upkeep.
How to get started with a Jumbo Reverse Mortgage
Request a Free Consultation
Speak with a licensed advisor to review your home value, equity, and financial goals.
Receive Your Estimate
Get a clear estimate of your available equity, loan terms, and how Jumbo compares to other options.
Complete Your Application
If you move forward, your advisor will guide you through a simple application process.
Property Appraisal
An independent appraisal confirms your home's market value and borrowing limit.
Close and Access Your Funds
Sign your documents, close your loan, and receive funds by lump sum or line of credit.
Choose the payout that works for you
Jumbo Reverse Mortgage payout options may vary by product and lender. Home Reverse will walk you through the options available for your specific loan.
Lump Sum
Receive your full proceeds in one payment at closing.
Line of Credit
Draw funds only when needed for maximum flexibility.
They unlocked equity their standard HECM couldn't reach
Frequently asked questions
Reverse mortgages can seem confusing. Here are answers to the questions homeowners ask most.
Own a higher-value home? See what it can unlock.
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