Get the Facts on Reverse Mortgages

If you are age 62 or older and have built up some equity in your home, a reverse mortgage could be the right financial solution for you. Many homeowners choose reverse mortgages because they provide the financial flexibility to enhance their quality of life during their retirement years.

What Is a Reverse Mortgage?

A reverse mortgage lets you borrow against the equity in your home - you can make use of money you have already invested, without having to make monthly mortgage payments. What's more, because this program is backed by the Federal Housing Administration, you are guaranteed never to owe more than the value of your home when it is sold. And with a reverse mortgage you continue to own your home, as you do today.

Get the Facts

Taking the time to learn about reverse mortgages from a reputable source will help ensure that you make the right financial decision for you or your family member. Review our free online resources to get the facts on reverse mortgages.

  • The Reverse Mortgage Option--An Educational Video
    How do reverse mortgages work? Does a reverse mortgage make sense for me? Hear the facts from real homeowners.
  • Reverse Mortgage Calculator
    Calculate the amount you or a family member can receive under the most common type of reverse mortgage.
  • Customized Loan Scenario and Information Kit
    If you'd prefer to get information by mail, we'll send you a detailed analysis of what you (or a family member) could receive from a reverse mortgage.
  • "Just the Facts" FAQs
    Published by the National Reverse Mortgage Lenders Association, this useful booklet addresses the most common questions about reverse mortgages.