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.
Traditional programs start at 62, with new options available for ages 55+
Access your home's equity without monthly mortgage payments
Our specialists will guide you through every step of the process
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.
At Equitable Lending, we offer both FHA-insured and proprietary reverse mortgage solutions:
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
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
A reverse mortgage can be a powerful financial tool for older homeowners who want to:
Enhance your retirement lifestyle with additional monthly income
Eliminate monthly mortgage payments and other debts
Handle unexpected medical expenses with confidence
Upgrade your home for comfort and accessibility
Stay in your beloved home with financial security
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.
Contact Equitable Lending today for a free consultation with one of our reverse mortgage specialists.
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!"
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!"
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 perfect option. Our dream kitchen is now a reality!"
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Experience the Equitable Lending difference for yourself. Let us help you achieve your homeownership goals.
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.
Bank Statements, Profit and Loss Statements, or Tax Returns.
Flexible Options for Non-QM Loans with various credit requirements.
For Conventional, Jumbo, or Interest Only Loans.
Residential, Investment, Fix & Flip, or Construction properties.
Seeking FHA, VA, or Affordable Financing options.
Needing DSCR or Development Loans for portfolio growth.
Such as Profit & Loss Statement Only Mortgages.
With unique income documentation needs and requirements.
Check off what applies to you to see which loan programs might be right for your situation
Tax returns, bank statements, or P&L available
Know your credit score and have report ready
Down payment and closing costs planned
Found your target property or area
Take the first step towards your mortgage approval with our quick eligibility assessment