Popular Uses for Reverse Mortgage Loans

Get Started

Discover how older-adult homeowners enhance their financial security and enrich their retirement years by leveraging their home equity through Home Equity Conversion Mortgage (HECM, reverse mortgage) loans.

Explore the myriad ways they're harnessing this dynamic financial solution!



Eliminate Your Monthly Mortgage Payment

Refinance an existing mortgage, liberating your retirement budget from fixed monthly mortgage payments. Essential property charges like taxes and insurance must continue to be paid.

Fund Home Improvement Projects

Use HECM loan proceeds to finance home upgrades that enhance safety and comfort, ensuring the long-term enjoyment of your home.

Cover Healthcare Expenses

Tap into your home equity to support various healthcare needs, including long-term care insurance premiums, in-home care and medical expenses.

Enhance Cash Flow and Create Emergency Funds

Elevate your retirement experience and establish a readily accessible safety net for unexpected circumstances with HECM loan proceeds.

Safeguard Against Market Volatility**

Structure a HECM as a flexible line of credit, providing access to cash as needed, making it advantageous for long-term financial strategizing.

Facilitate a New Home Purchase

Unlock the distinct benefits of a HECM for Purchase, a hybrid solution that combines the advantages of paying all cash and taking out a traditional mortgage.


How Customers Rate the Fairway Experience

Full Star Full Star Full Star Full Star Part Star

4.9 out of 456,590 Reviews

View More
Full Star Full Star Full Star Full Star Part Star

4.95 out of 32,883 Reviews

View More
Full Star Full Star Full Star Full Star Part Star

4.97 out of 3,264 Reviews

View More
Full Star Full Star Full Star Full Star Full Star

5.0 out of 4,471 Reviews

View More
best reverse mortgage lender fairway
Best Overall Reverse Mortgage Lender

Let’s start a conversation. 

If you are interested in the reverse mortgage loan, contact us today. Our experienced team of Reverse Mortgage Planners will help you to understand the HECM product, so you can make an informed decision about whether it is the right financial solution for you.

I am a

This field is for validation purposes and should be left unchanged.

*Source: https://www.cbsnews.com/news/best-reverse-mortgage-companies-2023/

** This content does not constitute financial advice. Please consult a financial advisor regarding your specific situation.