Find Out If a Reverse Mortgage Is Right for You
Homeowners 62+ may convert equity into cash without a required monthly mortgage payment on an FHA HECM.
Why a Reverse Mortgage?
A Home Equity Conversion Mortgage (HECM) is an FHA reverse mortgage for eligible seniors. It can pay off an existing mortgage, create a line of credit, or provide monthly draws. You remain the owner. The loan typically becomes due when you sell, move out, or pass away. Counseling from a HUD-approved agency is required before you close.
About Reverse Mortgages
Reverse mortgages are not for everyone. They reduce equity over time, have origination and insurance costs, and must stay current on taxes, insurance, and occupancy.
We will not push a HECM. If it may fit — eliminating a payment, funding aging-in-place, or buying a new primary home with a HECM for Purchase — we’ll explain proceeds, fees, and the counseling step in plain language.
This is not a commitment to lend. Eligibility depends on age, occupancy, property type, existing liens, and FHA principal limits.
The Reverse Mortgage Evaluation
Here’s how the process works with Primal Lending.
- 01
Complete our simple qualifier so we understand your goals, timeline, and credit profile.
- 02
Receive options based on your unique scenario — program, term, occupancy, and property type.
- 03
Choose the offer that best fits your payment, down payment, and long-term plans.
- 04
We coordinate processing, appraisal, and closing so you can move with confidence.