Introducing a smart, new way to access your home equity

The new EquityIQ reverse mortgage is designed to help owners of higher-value homes convert a portion of
their home’s equity into the funds they need in retirement. It can be a smarter solution for homeowners aged
62+ than a traditional Home Equity Conversion Mortgage (HECM) or private reverse mortgage, as it provides:

  • access to more funds (up to $4,000,000)
  • lower up-front costs with no mortgage insurance premiums
  • easier eligibility for condominiums and home purchases

As with any reverse mortgage, you still enjoy the benefits of having no monthly mortgage payments (as
long as you continue to pay property taxes, homeowners insurance, and keep up with the home
maintenance) and staying in your home as long as you wish.

More Access To Funds

  • Pay off current mortgage
  • Supplement retirement income
  • Fund home remodeling
  • Purchase your next home

More Flexible Features

  • Loan amounts up to $4 million
  • No mortgage insurance premiums
  • $0 loan origination fee available

Learn More

Which Option is Right for You?

EquityIQ can help you reach your retirement goals by providing more funds than a traditional HECM
reverse mortgage. The following comparison chart illustrates some of the key differences between the
EquityIQ and HECM reverse mortgage loans.

Raise Your Equity IQ. Get Started Today.

*Your current mortgage(s) and any other existing liens against the property must be paid off at or before closing. You must live in the home as your primary residence, continue to pay required property taxes, homeowners insurance, and maintain the home according to FHA requirements. Failure to meet these requirements can trigger a loan default that may result in foreclosure.