Are you ready for retirement?

Are you ready for retirement?

HECM & Equity Elite® Reverse Mortgage


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


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.


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.

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 $822,375 Up to $3 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

Ready To Meet Your Real Estate Agent?

Call us today! (800) 671-6204

Call us today!
(800) 671-6204