HECM · FHA-INSURED · AGE 62+
Leverage the Equity in Your Home
A reverse mortgage turns the equity you've built into income, a line of credit, or a lump sum. You Choose!
Or call our reverse mortgage line direct:
(970) 528-3238
Non-recourse loan · Keep the title · HUD counseling required
Prefer to talk first? No forms, no pressure.
Run Your Reverse Mortgage Numbers
Six calculators — pick the question most relevant to you and your family.
HECM Line of Credit Growth
See how an unused HECM line of credit compounds year by year — not use-it-or-lose-it.
| Year | Projected LOC | Growth |
|---|---|---|
| Year 1 | $201,000 | $1,000 |
| Year 2 | $202,005 | $2,005 |
| Year 3 | $203,015 | $3,015 |
| Year 4 | $204,030 | $4,030 |
| Year 5 | $205,050 | $5,050 |
| Year 6 | $206,076 | $6,076 |
| Year 7 | $207,106 | $7,106 |
| Year 8 | $208,141 | $8,141 |
| Year 9 | $209,182 | $9,182 |
| Year 10 | $210,228 | $10,228 |
| Year 11 | $211,279 | $11,279 |
| Year 12 | $212,336 | $12,336 |
| Year 13 | $213,397 | $13,397 |
| Year 14 | $214,464 | $14,464 |
| Year 15 | $215,537 | $15,537 |
Get Your Personalized Reverse Mortgage Report
Enter your info and an experienced HUD specialist will follow up with a detailed, no-pressure scenario review.
HECM Principal Limit Estimator
See your estimated HECM principal limit, net line of credit, and tenure payment option.
Get Your Personalized Reverse Mortgage Report
Enter your info and a HUD-savvy specialist will follow up with a detailed, no-pressure scenario review.
HECM for Purchase — New Home Down Payment
Use a HECM as financing for a new home purchase. See the down payment and cash at close.
Get Your Personalized Reverse Mortgage Report
Enter your info and a HUD-savvy specialist will follow up with a detailed, no-pressure scenario review.
Reverse Mortgage vs HELOC
Compare monthly obligations and balloon risk between a HECM and a HELOC over your planning horizon.
Get Your Personalized Reverse Mortgage Report
Enter your info and a HUD-savvy specialist will follow up with a detailed, no-pressure scenario review.
Heir Payoff & Non-Recourse Protection
Project what heirs inherit at sale — and see how non-recourse protection works if the balance exceeds the home value.
Get Your Personalized Reverse Mortgage Report
Enter your info and a HUD-savvy specialist will follow up with a detailed, no-pressure scenario review.
Social Security Bridge Strategy
Model using a HECM to bridge living expenses while delaying Social Security for a larger lifetime benefit.
Get Your Personalized Reverse Mortgage Report
Enter your info and a HUD-savvy specialist will follow up with a detailed, no-pressure scenario review.
Important Disclosures
Borrowers must be 62 years of age or older. HUD-approved counseling is required. A reverse mortgage is not a government benefit. The loan becomes due and payable when the last surviving borrower no longer occupies the home as their primary residence or fails to meet the obligations of the mortgage.
Calculator outputs are estimates based on FHA-published HECM Principal Limit Factors and the inputs you provide. They are not credit terms, not an Annual Percentage Rate (APR), and not a commitment to lend. Final terms are disclosed on a Loan Estimate after application in compliance with TILA / Regulation Z (12 CFR §1026).
What a HECM actually is
A Home Equity Conversion Mortgage is a federally-insured program for homeowners 62 and older. Three things to know up front.
Keep the Title
The home stays in your name. A HECM places a lien on the property, just like any mortgage — you remain the owner for as long as you live there as your primary residence.
Non-Recourse Loan
Heirs will never owe more than the home is worth at the time the loan is repaid. They can refinance to keep the home, or sell it and keep any remaining equity.
FHA-Insured
Federally insured by HUD. HUD-approved independent counseling is required by federal law before you can apply — sessions typically run 60–90 minutes and can be done by phone.
Eligibility
- Age 62+ for all borrowers on title
- Home is your primary residence
- HUD-approved counseling required
- Meet FHA property standards
- Existing mortgage paid at closing
Payout Options
- Monthly income (tenure or term)
- Line of credit that grows over time
- Lump sum at closing
- Pay off an existing mortgage
- Combine options for your needs
Your Obligations
- Pay property taxes & insurance
- Maintain the home
- Pay HOA dues (if applicable)
- Keep home as primary residence
- Loan becomes due when last borrower leaves
When a reverse mortgage makes sense
Every situation is different — but these are the moments when families tell us a HECM changed things. Talk to a licensed specialist before you decide.
Surviving Spouse Protection
A surviving spouse on the HECM keeps living in the home. The loan doesn't come due until the last borrower permanently leaves — federal protection built into the program.
Avoid Selling the Home
You keep the title, keep living there, and can stop the monthly mortgage payment. A reverse mortgage turns equity into cash flow without a "for sale" sign in the yard.
Legacy for Your Heirs
A HECM is non-recourse. Heirs will never owe more than the home is worth. They can refinance to keep it, or sell and keep any remaining equity.
Healthcare & Care Costs
Proceeds can cover prescriptions, in-home care, or a caregiver. HECM proceeds are loan funds, not income, so they don't affect Social Security or Medicare eligibility.*
*HECM proceeds are generally not treated as income for federal tax purposes, but needs-based programs such as Medicaid and SSI may have different rules. Consult a financial advisor for your specific situation.
The path from first call to funded
A deliberate, counselor-backed process. Nothing is signed until you understand every line.
1. Conversation
Free consult with a licensed specialist. We answer every question in plain English before you commit to anything.
2. HUD Counseling
Required by federal law — a 60–90 minute session with an independent HUD-approved counselor. You leave with a certificate and informed consent.
3. Application & Appraisal
We submit your application and order the FHA appraisal. Underwriting verifies eligibility against federal HECM rules.
4. Closing & Rescission
You sign, and then federal law gives you three business days to change your mind (right of rescission). After that, funds disburse.
5. Funds Available
Your chosen payout structure activates — monthly income, line of credit, lump sum, or combination.
6. Ongoing
Pay taxes, insurance, and maintain the home. Stay in it as your primary residence. Your specialist stays reachable for life questions that come up later.
Frequently asked questions
Start the conversation.
Tell us a little about your situation. A licensed specialist will follow up within 24 hours — no pressure, no obligation.
Homestead Capital Partners · NMLS #2587985 · NEXA Mortgage, LLC (DBA NEXA Lending) · NMLS #1660690 · 5559 S Sossaman Rd, Bldg 1, Ste 101, Mesa, AZ 85212 · Equal Housing Lender
Equal Credit Opportunity Act Notice: The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age; because all or part of the applicant's income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning Homestead Capital Partners is the Consumer Financial Protection Bureau, 1700 G Street NW, Washington, DC 20552.