Reverse Mortgages & HECM Loans

What is a reverse mortgage?

A reverse mortgage also referred to a ‘Home Equity Conversion Mortgage’ or H.E.C.M, is a unique loan designed for borrowers that are 62 years of age or older. It allows you to access your home equity in the form of monthly income, a line of credit, or immediate cash, tax-free to use for any reason. You never have to make payments on the loan so long as you fulfill your responsibilities:

  • Pay property taxes & home-owners insurance and any other property charges
  • Perform normal maintenance for the property
  • Plan to keep your home as your primary residence

If you live in your home until your death, your heirs will have the choice to pay off the loan or sell your home and keep the remaining equity. If you would like to learn more about H.E.C.M. and if it is right for you, our team would love to talk through your situation with you.

Common questions about Reverse Mortgages

How do I qualify?
How do I receive the money?
What is an H.E.C.M. or Reverse Mortgage?
What is a Reverse mortgage purchase?
Does the bank own my home?
Do I pay taxes on monthly income?

Find out if you are eligible for a reverse mortgage

If you or your spouse are over the age of 62 and you have enough equity in your home, you may qualify for a reverse mortgage. There are several factors that contribute to the qualification process, and several different options to ensure that a reverse mortgage will give you a better quality of life. To find out if you or your spouse will qualify, fill out the form below to contact our reverse mortgage specialist.

What can I use my Reverse Mortgage for?

A reverse mortgage can be used a variety of different ways to fit your lifestyle and you family. Many people use it to payoff an existing mortgage to stay in their home while others will use the additional income as a safety net.

Another option is a reverse mortgage for purchase, which could be used in a moving situation. Whether you are upsizing, downsizing, or relocating because of a divorce, a reverse mortgage for purchase will help make your transition into your new home smooth and easy.

Reverse Mortgage Disclaimer

Reverse mortgages are loans offered to homeowners who are 62 or older who have equity in their homes. The loan programs allow borrowers to defer payment on the loans until they pass away, sell the home, or move out. Homeowners, however, remain responsible for the payment of taxes, insurance, maintenance, and other items. Nonpayment of these items can lead to a default under the loan terms and ultimate loss of the home. FHA insured reverse mortgages have an up front and ongoing cost; ask your loan officer for details. These materials are not from, nor approved by HUD, FHA, or any governing agency.

At US Lending you get more than just a loan.

You get a team of mortgage professionals supporting you every step of the way, helping you achieve your home ownership goals. We are solution-oriented, always looking to qualify and create pathways toward home ownership for everyone we see. Our passion is to help people see their home-ownership dreams come true.


Real Estate Offices trusted US Lending as their primary recommended lender. (2015 figures)


Real Estate Agents worked alongside US Lending. (2015 figures)


Clients were able to successfully complete their loan when pre-approved by US Lending. (2015 figures)

Come in for a free consultation!