What Is A Reverse Mortgage Loan?

A Reverse Mortgage Loan Turns
Home Equity Into Tax-Free Cash*

A reverse mortgage turns a portion of the equity in your home into tax-free cash.* The loan proceeds are considered a loan, not income. The most common reverse mortgage is the HECM (Home Equity Conversion Mortgage). These loans are federally insured, come with a variety of consumer protections, and offer payouts in multiple forms.