A reverse mortgage is a lot like a traditional mortgage or home equity loan. But it’s designed specifically for people who are in or approaching retirement, so it has some added benefits—including the flexibility to make any size monthly payment you want, or none at all.
As with any mortgage, you own your home. And whatever equity is available when you sell is yours.
You just have to meet your loan obligations, keeping current with property taxes, insurance, and maintenance.
We can help you determine if your home qualifies for a reverse mortgage, how much you may be eligible to receive, and if this loan option is right for you.
By clicking "CALCULATE", you are providing your signature and express "written" consent to be contacted by or behalf of Reverse Mortgage Funding LLC, its affiliates and/or its agents (collectively Company) at the telephone, email or mailing address that you have provided for purposes of fulfilling this inquiry about reverse mortgages and/or the Company's products or services, even if you have previously registered on a "do not call" government registry or requested Company to not send marketing information to you by email and/or direct mail. You agree that the Company may use automatic telephone dialing systems and prerecorded voice messaging in connection with calls or texts made to the telephone number you provide even if the telephone number is assigned to a cellular or mobile telephone service or other service for which the called party is charged and are representing that you are the regular user of provided number. You understand that you are not required to consent to receiving autodialed calls or texts as a condition of any reverse mortgage and/or purchasing any Company products or services. If you do not wish to authorize Company to contact you in this manner, you can call 888-277-1567 to complete your request. You understand that you can revoke this consent at any time.
As with any mortgage, you must meet your borrower obligations throughout the life of the loan, including keeping current with property taxes, insurance, and maintenance.
It’s important to do your homework and find a lender that makes you feel informed, confident and comfortable in your decision-making. RMF is committed to delivering you a great product and unbeatable pricing.
We’re so confident that we created our Price Match program: If we're unable to match or beat a competitor’s pricing, we’ll give you a $1,000 gift card.‡
With our Customer for Life Commitment,§ we’ll be with you every step of the way providing personalized, ongoing service—from our first conversation on day one, throughout the entire loan process, and even after closing.
Unlike some of our competitors, we not only make loans but after closing, we also service your loan and maintain a long-term relationship with you.
If you're a homeowner who's at least 60 years old, with equity in your home, you may be eligible for the flexible benefits of a reverse mortgage.||
Check Eligibility
Source: RMF Customer Satisfaction Survey 2020 Source: LendingTree and Trustpilot Ratings and Reviews, as of March 2021