Reverse Mortgage Types

Our company has departments set up to rapidly process nearly all types of home loans. If you are interested.

FHA HECM PLANS Variable & Fixed Rates

A Home Equity Conversion Mortgage (HECM) is a federally insured reverse mortgage. Over ninety percent of all reverse mortgages are HECMs. The Federal Housing Administration (FHA) sets limits on how much a HECM reverse mortgage lender may lend you-based on your age, your home's value and location-and what your total loan costs will be. HECM loans give you a wide choice in how you may receive the cash from the reverse mortgage.

We offer both the variable programs based on the CMT and the Libor Indexes along with the HECM Fixed rate plan. For home values under $625,500 HECM products generally provide larger loan advances than other reverse mortgages.

Proprietary JUMBO Reverse Products

A Jumbo reverse mortgage product designed especially for seniors with substantial home equity or higher-valued homes up to $10,000,000. The product is an industry leader of jumbo reverse mortgage products and allows much larger loan amounts. This fixed Rate program also has very low closing cost and can be used for 2nd Homes and to purchase a home.

Fannie Mae Home Keeper® Reverse Mortgage

A Home Keeper® reverse mortgage is Fannie Mae's conventional market alternative to the Home Equity Conversion Mortgage (HECM). It is a government-sponsored enterprise program and works like a HECM loan in many ways. However, a Home Keeper® reverse mortgage addresses a few needs that are not met by HECM loans, such as individuals with higher property values, condominium owners, and seniors wishing to use a reverse mortgage to purchase a new home.

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