Reverse Mortgage Calculator

For a great way to tell if a reverse mortgage is right for you, check out this Reverse Mortgage Calculator.

How does a Reverse Mortgage work?

A Reverse Mortgage allows you to convert some of the equity in your home into cash. The income is typically tax-free and will not affect your Social Security benefits.*

* Consult your Social Security, Medicare or other financial advisor to determine how Reverse Mortgage payments may affect your particular situation. Also consult your tax advisor.

Find more about how reverse mortgages work.

Reverse Mortgage FAQ's

Is my home eligible for a Reverse Mortgage?

Most 1-4 family owner occupied homes are eligible. Certain condominiums, town homes and planned unit developments may also be eligible. And if you have a larger home, there are also jumbo Reverse Mortgage options. Ask a Reverse Mortgage lender for details.

Find more Reverse Mortgage FAQ's

Senior Resources

National Reverse Mortgage Lenders Association (NRMLA) is the national voice of the reverse mortgage industry, serving as an educational resource, policy advocate and public affairs center for lenders and related professionals. NRMLA was established in 1997 to enhance the professionalism of the reverse mortgage business.

What is a Reverse Mortgage?

What is a Reverse Mortgage?

A Reverse Mortgage works just as the name suggests, instead of the homeowner paying the bank, the bank pays the homeowner.