Learning Center

Understand Before You Decide

A small, carefully written library that grows over time. Everything here is education — nothing here is a sales pitch.

What is a Reverse Mortgage?

Watch the presentation and learn how home equity may fit into your retirement strategy.

Ownership, heirs, costs, credit and how equity sharing differs.

The main types of reverse mortgages. Walter can explain which, if any, may fit your situation.

HECM Reverse Mortgage
The FHA-insured Home Equity Conversion Mortgage — the most common reverse mortgage.
HECM for Purchase
Uses a reverse mortgage to help buy a new home that better fits retirement.
Proprietary / Jumbo Reverse Mortgage
Private programs that may suit higher-value homes above FHA limits.
Reverse Mortgage Second Lien
A reverse mortgage that may sit behind an existing first mortgage.

Program availability varies by state and lender. Want to compare other approaches? Explore Your Home Equity Options.

How Does a Reverse Mortgage Work?
A plain-language walkthrough of what a reverse mortgage is, who it is designed for, and how the money can be received.
5 min read
Who Owns the Home With a Reverse Mortgage?
One of the most common misconceptions, answered directly.
3 min read
What Happens When the Borrower Passes Away?
How heirs are treated, what their choices are, and what timelines typically apply.
4 min read
Reverse Mortgage Costs Explained
What the fees are, when they are paid, and how to judge whether they are worth it.
5 min read
Reverse Mortgage vs. HELOC
Two ways to tap equity that behave very differently in retirement.
4 min read

Call, schedule a phone or video meeting, send a message, or chat with us — whatever is easiest for you.