Reverse Mortgage
Unlock Your Home Equity
We help homeowners enjoy retirement by accessing the equity in their homes through a reverse mortgage.
Unlock my equity
Experts In Our Industry
Benefits of a Reverse Mortgage
Access Cash Now
With lump-sum or monthly payouts, you can use your home equity to cover home renovations, medical expenses or other major items.
Retirement Safety Net
Establish a permanent line of credit so you're prepared for unexpected expenses, emergencies, loss of income, and other financial stress.
Purchase a Home
Use a reverse mortgage to purchase a home and possibly eliminate your monthly payments. Retirement living on your terms.
Reverse Mortgage Basics
Am I eligible for a reverse mortgage?
- At least 62 years of age and living in the home as my primary residence
- 50% or more in home equity
- Willing to complete HUD-approved counseling to ensure my goals are met
- Understand origination fees, closing costs, insurance premiums, and other costs may apply
- Ask a reverse mortgage professional about programs available in some states beginning at age 55.
How we make a difference
Getting Ahead with a Reverse Mortgage
When a competitor's quote for a line of credit had Gerald and Gloria looking at an extra $465 per month on top of their mortgage payment, they thought it wasn't a reality.
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Holding on to a Forever Home with Gary + Anita
When Gary and Anita Hensley inherited a home from family, they knew it had the potential to be their forever home - but it needed some work.
1:35
Refinancing a Reverse For Some Wiggle Room
When Patricia Stafford met loan officer Krissy Rico, she didn't think that some years down the line that she would open up financial avenues she didn't think were even possible.
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Getting Ahead with a Reverse Mortgage
1:33
Holding on to a Forever Home with Gary + Anita
1:35
Refinancing a Reverse For Some Wiggle Room
1:34
What is a Reverse Mortgage?
Why Get a Reverse Mortgage?
The Reverse Mortgage Process
Reverse Mortgage Counseling
Tenure And Term Payments
Lump Sum Payments
The Purchase Option
Borrower And Property Eligibility
Requirements And Repayments
Optional Payments
What is a Reverse Mortgage?
Why Get a Reverse Mortgage?
The Reverse Mortgage Process
Reverse Mortgage Counseling
Tenure And Term Payments
Lump Sum Payments
The Purchase Option
Borrower And Property Eligibility
Requirements And Repayments
Optional Payments
Financial Peace of Mind with Montel Williams
Emmy-award winning TV host Montel Williams asks Open Mortgage's Scott Harkless to explain Home Equity Conversion Mortgages and how they provide retirement peace of mind.
5:22
Behind the scenes with Montel Williams
After spending a day with Emmy Award-winner Montel Williams,Open Mortgage leaders Scott Harkless and Adam O'Daniel share a recap of the highlights from their time with a TV legend.
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On the set of The Balancing Act on Lifetime TV
Open Mortgage leaders Scott Harkless and Adam O'Daniel share details on the excitement of joining Montel Williams to discuss the benefits of unlocking home equity as part of your retirement strategy.
2:52
Financial Peace of Mind with Montel Williams
5:22
Behind the scenes with Montel Williams
2:34
On the set of The Balancing Act on Lifetime TV
2:52
Find out how much equity you can unlock
The price named in the estimate is just an approximation based off of the information provided by the client. The exact estimate will be provided after meeting with a Reverse Mortgage Professional.
Do your research
We are committed to education and transparency. Request a copy of our E-Guide to gain knowledge and insight about reverse mortgages, their benefits, and how to apply.
Why Open Mortgage?
We're Local
Work with a Reverse Mortgage Professional who is accessible and accountable in your community.
We're Proven
We're one of the 10 largest reverse mortgage lenders in the U.S., serving thousands of families every year.
We're Secure
Government-regulated, A+ rated, and a member of the National Reverse Mortgage Lenders Association.