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Turn Your Home Equity Into Retirement Freedom

Stay in the home you love, eliminate monthly mortgage bills, and put your equity to work for you.

Check Your Eligibility Talk to a Specialist

A reverse mortgage lets homeowners age 62+ access home equity without monthly mortgage payments while retaining home ownership. 

At TFG, we offer three options: 

HECM (FHA-insured), Proprietary, and Jumbo Reverse to fit different needs, from standard FHA-insured programs to private-market solutions for high-value homes. 

Use our quick comparison below to see which fits your retirement goals.

What are Reverse Mortgages?

Reverse mortgages are a special category of home loan for homeowners age 62 or older. Instead of making monthly payments, you unlock part of your home’s equity as cash, while still keeping ownership and the right to live in your home.

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Who Reverse Mortgages Are For?

  • Homeowners 62+ seeking retirement income flexibility
  • Those who want to stay in their home and eliminate monthly mortgage payments
  • Homeowners with significant equity or a fully paid-off home
  • Retirees looking for tax-free cash flow, line of credit, or lump sum options

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Benefits of Reverse Mortgages

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Stay in your home with full ownership:

You keep your name on the title and remain the legal homeowner. Your house stays yours.

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No monthly mortgage payments required:

Free up your budget. You’ll never be required to make principal or interest payments while you live in your home. (You’ll still need to pay property taxes, insurance, and maintenance.)

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Flexible payout options to fit your retirement goals:

Choose how you receive your funds: a lump sum for big expenses, steady monthly installments, or a line of credit you can draw on when needed.

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Non-recourse protection for you and your heirs:

You (or your estate) will never owe more than the home’s value at sale, even if housing prices drop. This safeguard ensures your heirs aren’t burdened.

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Supplement retirement income without selling

Turn home equity into cash flow while continuing to enjoy the comfort and stability of your own home.


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Custom solutions for different needs

From FHA-insured HECM loans to private-market Proprietary and Jumbo Reverse Mortgages, there’s a tailored option for every situation.

Compare Our Reverse Mortgage Options

HECM Reverse Mortgage

Who It’s For

Seniors 62+ looking for the standard, FHA-insured program

Why Choose It

Backed by FHA, flexible payouts, strong consumer protections

Explore HECM
Proprietary Reverse Mortgage

Who It’s For

When HECM won’t fit, condos, younger spouses, higher limits needed

Why Choose It

Private-market solution with more flexibility and custom terms

See Proprietary Options
Jumbo Reverse Mortgage

Who It’s For

Owners of high-value homes well above FHA caps

Why Choose It

Unlock larger loan amounts and turn luxury equity into usable cash

Check Jumbo Reverse

How it works

Check eligibility

Confirm age, home value, and equity.

Counseling (HECM)

HUD-approved counseling ensures full understanding.

Appraisal & underwriting

Property value verified, loan structured.

Closing

Choose payout option (lump sum, line of credit, or monthly).

After closing

No monthly mortgage payments; you remain responsible for taxes, insurance, and upkeep.

Start Your Eligibility Check

Frequently asked questions

Do I keep ownership of my home?

Yes. You remain the owner and on the title. You must keep taxes, insurance, and maintenance current.

Will my heirs be responsible for repayment?

No. Reverse mortgages are non-recourse: repayment is limited to the home’s value.

How is a reverse mortgage different from a HELOC?

A HELOC requires monthly payments. Reverse mortgages do not require monthly mortgage payments and eligibility relies on age/equity.

What costs are involved?

Appraisal, origination, closing costs, and FHA MIP (for HECM). Proprietary and Jumbo have lender-specific costs disclosed upfront.

What’s the difference between a Jumbo Loan and a Jumbo Reverse Mortgage?

A Jumbo Loan is a forward mortgage (purchase/refi). A Jumbo Reverse Mortgage helps seniors access equity in high-value homes with no monthly mortgage payments.
This material is for informational purposes and not an offer to extend credit. Program availability, terms, and costs vary by state and product. Borrower remains responsible for property taxes, homeowners insurance, and home maintenance. HECM requires HUD-approved counseling. All loans subject to underwriting approval and property eligibility.