Break Free From Monthly Payments!

Are you ready for retirement?

Call Your Reverse Specialist at BluEleven

(800)671-6204

HECM & Equity Elite^® Reverse Mortgage

AVAILABLE FOR
BORROWERS AGE 55+

Reverse mortgages are no longer reserved for homeowners aged 62 and older. Equity Elite^® now offers reverse mortgages for 55+ borrowers in select states.

LOWER UP-FRONT
COSTS

Those seeking lower up-front costs—Equity Elite^® has no up-front or ongoing mortgage insurance premium, which can mean lower closing costs than a traditional reverse mortgage, saving you money on the loan.

MORE ACCESS TO
FUNDS

Say goodbye to reverse mortgage loan limits when you go with an Equity Elite^® loan. You may be able to access even more of your equity than with traditional reverse mortgages on the market.

It’s Easy to Get Started

Apply Now!

So easy, you can apply anywhere

We design our process with the ease of our customers in mind.

Credit Counseling over the phone

Appraisal of your property

Loan Approval Process

Sign loan docs then BluEleven funds your loan

Ask a reverse specialist the answers to all of your questions 800-671-6204

Safest Loan for American Homeowners Aged 55 & Older

Traditional reverse mortgages, also known as Home Equity Conversion Mortgages (HECMs), changed the game for longtime homeowners who wanted to access the valuable equity they’d built up over time. But HECMs have limitations on who can borrow and how much. With Equity Elite^®, there are fewer reverse mortgage restrictions, and more people have more access to their home equity.

	Home Equity Conversion Mortgage (HECM)	Equity Elite^® Reverse Mortgage
Minimum age to qualify	62	55 in selected state(s)
Limit on amount of proceeds you can take in the first 12 months	Yes	No
Non-recourse feature (You’ll never owe more than the home is worth when the loan is paid)	Yes	Yes
How much can be borrowed?	Less than $970,800	Up to $4 Million
Mortgage Insurance Premium cost	Upfront and ongoing	None
Condominium eligibility	FHA-approved condominium communities only	Community can be FHA-approved, Fannie Mae-approved or RMF-approved–so more condos qualify
Closing Costs	Lender closing costs apply	Equity Elite^® Zero offers a lender credit to be applied towards most closing costs

Retail-Equity-Elite-Coverage-Map-55Plus-08-10-2021-WEB

Call Your Reverse Mortgage Specialist to see what you qualify for.

Call us! (800) 671-6204

Call us today!
(800) 671-6204

See what others have said about BluEleven Mortgage

What Our Customers Say

Kind words from our beloved customers

BluEleven Mortgage

4.8

Based on 27 reviews

review us on

Luke Wallis

02:31 06 Oct 23

Isahi did a fantastic job making the whole process of getting a loan so easy for us! Thank you!!!

02:48 19 Sep 23

An absolute pleasure to work with the Team at BluEleven. Mike has been amazing to work with in coordinating and in navigating both the original mortgage and the construction loan required after. Isahi who dealt with my case, was extremely professional, courteous and very responsive to any emails or calls that I made. You couldnt find yourself a better team to work with.

Tiffany Wexler

20:00 28 Jul 23

Isahi and the team at BluEleven took such amazing care of me during the incredibly fast turnaround getting pre-approved for my first home purchase. They worked efficiently to get me ready for submitting my offer, and shepherded me through the mortgage process and my loan options when my offer was accepted! Given this was my first time going through the process, I had many questions and sometimes needed Isahi to explain terms and options to me in several different ways. She was patient and thoughtful, always striving to make sure that we were on the same page and that I was well informed. I also really appreciate that she over-communicated during the closing period, checking in on me and letting me know exactly what was happening on the backend each day. This really eased my nerves in the aftermath of taking the big leap into homeownership. I am so grateful for Isahi and everyone who helped make this incredible milestone possible. Highly recommend!

Whitney Schrauth

01:42 20 Apr 23

It was a pleasure working with BluEleven and they worked diligently me throughout the entire process.

rosalie girard

03:50 14 Apr 23

We had a fantastic experience with John and Troy from BluEleven.The team at BluEleven were outstanding professionals who excel in their role with efficiency and diligence. They maintained a reassuring and calm demeanor throughout the cycle, even in extremely stressful situations - they were focused on achieving the desired outcome and were extremely resourceful when issues with the lending process arose.The best part of working with John was that he was able to be creative and think of options we would have never thought about, given he is very experienced and knows this business like nobody else. John has been very patient, responsive, and most importantly in control, throughout the cycle. It brought us lots of peace, as we felt that we were in good hands.The underwriting stage was a very stressful and tedious one, but we felt like Troy was 100% in control, pushing things through and working closely with underwriters to ensure our deal could close on time.We recently closed on our home and we are extremely happy to have worked with BluEleven to make this dream come true. Thank you for going above and beyond!Rosalie & SamMarin County, CA

Maeve Holden

21:38 12 Apr 23

BluEleven has been super attentive and amazing, with great communication through tge whole buying escrow process! We had a tough timeline to meet, and meet it we did with their help! Thank you so much for helping our dreams come true!

Leslie Dougherty

21:29 10 Apr 23

I worked with Mike Ahmari recently on a difficult, time sensitive transaction. Mike and his team worked through the Easter holiday weekend to ensure their clients could meet a demanding seller's time frame. It was truly a miracle and it all ended cleanly and successfully. Mortgage and real estate are highly regulated industries and to achieve a success in this type of transaction is deserving of the highest of high fives one can give.