Here at One Reverse Mortgage we talk to people each and every day that don’t completely understand all of the benefits a reverse mortgage offers. A reverse mortgage is a program created specifically for homeowners age 62 or older that allows them to continue to own and live in their home with no monthly mortgage payment. With a reverse mortgage you have access to a portion of your home’s equity as tax-free money. The money pays off your current mortgage (if you have one) and any remaining money can be used for anything. Here are other benefits of the reverse mortgage.

No monthly mortgage payments* – You can stay in the comfort of the home you love for the rest of your life and have the peace of mind knowing that you will never be required to make a monthly mortgage payment.

You remain the owner of your home** – The only names on the title of your home are the ones that were on title before you started the reverse mortgage process. The lender is not on the title of your home, it remains in your name.

Tax-free money*** – The money you receive from the equity in your home is in tax-free money. You can use that tax-free money for anything you want.

Insured by the federal government – A government-insured reverse mortgage is safe and secure. Reverse mortgages that are backed by the federal government guarantee you will receive your equity.

Improve your quality of your life – For some people who choose a reverse mortgage it gives them the ability to do more in their retirement. Eliminating their monthly mortgage payments alone can increase monthly cash flow. For others who are having trouble making ends meet and they could lose their home, a reverse mortgage helps them to keep their home and increase their savings account at the same time.

Something that works for you not just for today – For many of our clients the reverse mortgage has helped them not only today but into the future as well. Many seniors who choose the line of credit option have the ability to gain interest and use the proceeds at a later date when needed. Others choose to take the lump sum to save in account for things they will have to pay for in the future like medical bills.

Benefits of working with One Reverse Mortgage

We are approved by the Federal Housing Administration (FHA) and the Department of Housing and Urban Development (HUD)

We are a proud member of the National Reverse Mortgage Lenders Association (NMRLA) and the Mortgage Bankers Association (MBA)

We have an A+ rating with the Better Business Bureau

The One Reverse Mortgage process is simple and easy – you can even close your loan in the comfort of your home.


One Reverse Mortgage has helped thousands of seniors stay in the home they love and enjoy living a life with no more monthly mortgage payments. Make the call today to talk to a licensed expert who will talk with you about your financial goals and help determine if a reverse mortgage is right for you.

*Homeowner is still responsible for taxes, insurance, and property maintenance.
**You remain responsible for counseling costs, taxes, insurance, and maintenance expenses.
***Please consult with your financial advisor.