You Must Be Age 62 to Use A Reverse Mortgage

FACT: You can actually obtain a Reverse Mortgage at the young age of 55, in most states. This is a state-specific rule.

Over the years, more and more lenders have entered the Reverse Mortgage space. Many now offer “Proprietary Reverse” loans—often referred to as “Reverse Jumbo” loans—as they can be used for property values that exceed the current FHA limit of $1,209,750 (2025).

Oftentimes, these loan products meet the needs of borrowers whose goals are not fully served by the FHA loan. After all, this is considered “The Retirement Mortgage,” and it should serve all homeowner retirees.

Disclaimer: The information provided is based upon education, solid knowledge, experience, and research; however, it should not be considered professional legal advice. Consult a legal professional with regard to your specific situation.