Reverse MortgagesMade Easy
Reverse Mortgages may be a good fit for the right candidate. Most Reverse Mortgage Programs you have to be at least 62 years of age or older to qualify, but just recently, there have been some new programs released for those whom are 55 years of age or older.
Age Requirements
Traditional programs start at 62, with new options available for ages 55+
Financial Freedom
Access your home's equity without monthly mortgage payments
Expert Guidance
Our specialists will guide you through every step of the process
What is a Reverse Mortgage?
A reverse mortgage is a special type of home loan that allows homeowners to convert part of their home's equity into cash — without having to sell the home or make monthly mortgage payments.
Unlike traditional mortgages where you make monthly payments to a lender, with a reverse mortgage, the lender pays you. The loan is repaid when the borrower moves out, sells the home, or passes away.
Two Main Types of Reverse Mortgages
At Equitable Lending, we offer both FHA-insured and proprietary reverse mortgage solutions:
FHA-Backed HECM
Home Equity Conversion Mortgage
Government-insured by the Federal Housing Administration (FHA)
Available to homeowners age 62 or older
Must live in the home as your primary residence
No monthly mortgage payments required (borrower must still pay property taxes, insurance, and maintain the home)
Loan proceeds can be taken as a lump sum, line of credit, monthly payments, or a combination
Includes non-recourse protection, meaning you'll never owe more than the value of your home
Proprietary Reverse Mortgages
Private Investor Programs
Offered through private investors (not FHA-insured)
Available to homeowners as young as 55 in some states
Designed for homes that exceed FHA lending limits
May offer larger loan amounts than HECMs
Ideal for those seeking flexible features or higher payouts
Is a Reverse Mortgage Right for You?
A reverse mortgage can be a powerful financial tool for older homeowners who want to:
Supplement Retirement Income
Enhance your retirement lifestyle with additional monthly income
Pay Off Existing Mortgage or Debt
Eliminate monthly mortgage payments and other debts
Cover Healthcare Costs
Handle unexpected medical expenses with confidence
Make Home Improvements
Upgrade your home for comfort and accessibility
Age in Place with Peace of Mind
Stay in your beloved home with financial security
Important to Consider
It's important to understand how reverse mortgages work and whether they align with your long-term goals. Our team will help you evaluate all aspects to make an informed decision.
Have Questions or Want to Explore Your Options?
Contact Equitable Lending today for a free consultation with one of our reverse mortgage specialists.
What Our Clients Say!
Real stories from real clients who've experienced the Equitable Lending difference
"Equitable Lending has completely changed my perspective on securing a home loan! Their expertise in various lending options, including Mortgage Purchase Loans and Refinance Loans, made the entire process seamless and stress-free. Highly recommended!"
Sarah M.
First-Time Homebuyer
"At 67, I thought my options were limited. The reverse mortgage team at Equitable Lending walked me through everything step-by-step. Now I can stay in my home with financial peace of mind. The process was surprisingly smooth!"
Robert T.
Reverse Mortgage Client
"We needed to renovate our kitchen and weren't sure about a HELOC vs. HELOAN. The team explained everything clearly and helped us choose the suitable option. Our dream kitchen is now a reality!"
Jennifer & Mark L.
Home Equity Loan Clients
5.0★
Average Rating
15+
Years Experience
2,500+
Happy Clients
Licensed
& Insured
Ready to Join Our Happy Clients?
Experience the Equitable Lending difference for yourself. Let us help you achieve your homeownership goals.
Determine Your Eligibility
for Our Lending Programs
Understanding your eligibility is the essential first step towards securing the right mortgage solution tailored for you. Below are the key criteria we evaluate to provide you with our customized loan options.
Loan Criteria
Proof of Income
Bank Statements, Profit and Loss Statements, or Tax Returns.
Credit Score Evaluation
Flexible Options for Non-QM Loans with various credit requirements.
Down Payment Capabilities
For Conventional, Jumbo, or Interest Only Loans.
Property Types
Residential, Investment, Fix & Flip, or Construction properties.
Our Clientele
First-Time Homebuyers
Seeking FHA, VA, or Affordable Financing options.
Experienced Investors
Needing DSCR or Development Loans for portfolio growth.
Creative Loan Solutions
Such as Profit & Loss Statement Only Mortgages.
Self-Employed Individuals
With unique income documentation needs and requirements.
Quick Eligibility Checklist
Check off what applies to you to see which loan programs might be right for your situation
Income Ready
Tax returns, bank statements, or P&L available
Credit Prepared
Know your credit score and have report ready
Funds Ready
Down payment and closing costs planned
Property Identified
Found your target property or area
Ready to Check Your Eligibility?
Take the first step towards your mortgage approval with our quick eligibility assessment