Home Equity Solutions for Seniors
Unlock financial flexibility for a better future, without a monthly mortgage payment. Choose your goal and get a free, no-obligation instant estimate.
How Home Equity Solutions Serve Your Retirement
Our comprehensive list of products caters to all seniors’ needs. Find out how our solutions help you today.
🔨Renovation and restoration
I want to renovate my home, but I’m not sure how to fund it.
💰Access cash
I need funds for retirement, medical expenses, or bills.
👨👩👧👦Help a loved one
I would like to provide financial flexibility for my family.
🏠Stay in home longer
I’m looking for ways to age-in-place comfortably.
Reverse Mortgage Products
Designed to meet the needs of all seniors.
Nations Financial Mortgage Corporation is committed to helping you find the right home equity solution, based on your unique needs and retirement goals. Explore the possibilities, including how much money you may receive by contacting us at: 888-244-4164
HECM Reverse Mortgage
The standard HECM reverse mortgage allows older homeowners to access their home equity with a fixed or variable interest rate. Based on your financial needs, you can receive your cash:
- As an upfront lump sum: Typically, up to 60% of the available proceeds.
- As monthly payments: Providing consistent supplemental income over time.
- As a line of credit: Use funds as needed for flexibility and control.
You can also combine these options, such as taking an initial lump sum and reserving the rest as a line of credit.
Jumbo Reverse Mortgage
For homeowners with high-value properties or condos, the Jumbo Reverse Mortgage offers a non-government, proprietary reverse mortgage program. Compared to a standard HECM reverse mortgage, the Jumbo provides:
- More available cash: Unlock a greater portion of your home’s value
- Lower upfront costs: Save on initial expenses
- Flexible Distribution Options: Choose from lump sum payments, monthly installments, a line of credit, or a combination of these options.
The Jumbo is tailored to meet the needs of eligible borrowers as young as 55.
HELOC For Seniors
An innovative HELOC designed with older homeowners in mind—without the worry of large payment spikes in the future:
- Reduced, interest-only payments: Keep monthly costs manageable throughout the life of the loan, as long as property taxes, insurance, and home maintenance are up to date.
- Up to $400,000 at a fixed rate per draw: Benefit from fixed interest on each draw, ensuring financial stability and predictability.
- Fast approvals and flexible qualifications: Complete the application process entirely online with funding in as few as five business days. Seniors with sufficient equity and assets can qualify, even on fixed incomes.
- Open-ended line of credit: Access funds with an initial draw of at least 80%, reserve the rest for future needs, and redraw paid-down principal within a 10-year draw period.
HECM For Purchase Reverse Mortgage
A HECM for Purchase reverse mortgage allows you to use your home equity to purchase a new property without requiring monthly mortgage payments (as long as property taxes, insurance, and maintenance are maintained).
- Right-sizing for retirement: Find the dream home that fits the lifestyle suited for your retirement years.
- Equal advantages: Has the same advantages as a typical HECM Reverse Mortgage.
- Increased buying power: You can afford a higher-value home than you could with a traditional mortgage or by paying all cash, as the loan covers roughly 45% to 62% of the purchase price depending on your age.
Here’s what people like you are saying about us.
Our loan officers are dedicated to helping older adults improve their finances and live more comfortably.
Fred Baker
“I was on the brink of losing my home to foreclosure and felt completely helpless. That’s when Phil used his knowledge and expertise to guide me through an incredibly difficult situation. Thanks to him, I was able to save my home. I honestly don’t know what I would have done without his help.”
Sally Prosser
“Thanks to Phil and his help with my reverse mortgage, I can finally enjoy life without worrying about finances. I have the freedom to travel, spend time with family, focus on what really matters, and truly make the most of my retirement.”
Rose Zavala
“After falling victim to fraud, our finances were in complete disarray. We felt hopeless, especially after being told by others that we couldn’t qualify for a reverse mortgage. Phil not only guided us through the process, but also made the impossible happen. Thanks to Phil, we qualified for the reverse mortgage and finally regained control of our financial future.”
Ready to Move Forward?
Our dedicated reverse mortgage team will guide you step-by-step, from your first questions through closing.
With our company owner, Phil Yarbrough, bringing over 40 years of experience in the mortgage industry, you will benefit from deep knowledge of guidelines, markets, and strategies that will help you use home’s equity wisely and efficiently in retirement. Phil and the Nations Financial team focuses on ensuring you and your family fully understand how a reverse mortgage works and how it can serve you. You will receive clear numbers and straightforward answers about costs, timelines, and qualifications which will empower you to make an informed decision.
Whether you want to eliminate monthly mortgage payments, improve cash flow, or create a more comfortable retirement, we tailor recommendations to your unique situation and stay available for ongoing support long after your loan closes.
