1. Talk to a specialist
30-60 minutes
You’ll speak with a reverse mortgage specialist who can answer every question and give you a clear picture of what’s possible—completely free, with no obligation to apply.
Get the most out of your home’s equity
HomeSafe1 is a reverse mortgage designed for higher-value homes, offering a way to access more of your equity—without taking on a new monthly mortgage payment.2
Excellent 4.7 out of 5 stars3
2The borrower must meet all loan obligations, including living in the property as the principal residence and paying property charges, including property taxes, fees, hazard insurance. The borrower must maintain the home. If the homeowner does not meet these loan obligations, then the loan will need to be repaid.
Is HomeSafe right for you?
Get a quick overview below, or dive into our reverse mortgage guide for the full picture.
Could be good for:
- Eliminating a monthly mortgage payment2
- Funding major financial goals or opportunities
- Preserving retirement and investment accounts
- Purchasing a vacation home or rental property
May not be right for:
- Preserving home equity for future inheritance
- Homes with limited available equity
- Those unable to maintain condition of their home.
- Homeowners looking to move soon
2The borrower must meet all loan obligations, including living in the property as the principal residence and paying property charges, including property taxes, fees, hazard insurance. The borrower must maintain the home. If the homeowner does not meet these loan obligations, then the loan will need to be repaid.
See where HomeSafe is available
HomeSafe is currently available in select states, with additional states being added often. If your state isn’t shown below, we do have other reverse mortgage products available.
Available
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From first call to closing, here's what to expect
2. Complete required counseling
1-2 hours
In some states, counseling is required before applying—and we also include it as part of our process. This session is with an independent counselor who works for you, helping you understand your options, costs, and alternatives so you can make a confident, informed decision.
3. Submit your application
15 minutes
A loan officer walks you through each part of the paperwork. You’ll always know where things stand and what’s coming next.
4. Home appraisal and review
1-3 weeks
An appraiser visits your home to confirm its market value, which is used to finalize your loan amount. During the underwriting review, your processor will provide regular updates so you’re never left wondering what’s next.
5. Loan approval
2-3 days
If approved, you’ll receive confirmation that your loan is approved and ready to close. Your loan officer will walk you through the final numbers and make sure all your questions are answered before signing.
6. Funds arrive
1 hour + 3 days
After signing, there’s a 3-business-day waiting period. During this time, you can cancel for any reason. Once that period ends, your funds are delivered based on how you chose to receive them. You can cancel within that time, no questions asked.
Answers to the questions homeowners ask most
HomeSafe is a proprietary jumbo reverse mortgage available to homeowners 55+* that converts up to $4 million in home equity into usable cash. If you have an existing mortgage, HomeSafe first uses loan proceeds to pay it off, eliminating your required monthly mortgage payment.** You can receive remaining available funds as a lump sum or line of credit, with fixed or variable interest rates, on loans starting at $200,000. Learn More
*For certain HomeSafe products only, excluding Massachusetts, New York, and Washington, where the minimum age is 60, and North Carolina and Texas where the minimum age is 62.
**The borrower must meet all loan obligations, including living in the property as the principal residence and paying property charges, including property taxes, fees, hazard insurance. The borrower must maintain the home. If the homeowner does not meet these loan obligations, then the loan will need to be repaid.
While a reverse mortgage doesn’t require monthly mortgage payments*, there is an important tradeoff to understand. Like any loan, a reverse mortgage charges interest. If you choose not to make payments, the interest is added to the loan balance over time, which means the amount owed will grow.
The good news is that you can pay as much or as little as you’d like—including nothing at all. Any payments you make can help reduce the amount of interest that accrues, slow the growth of the loan balance, and preserve more of your home equity.
*The borrower must meet all loan obligations, including living in the property as the principal residence and paying property charges, including property taxes, fees, hazard insurance. The borrower must maintain the home. If the homeowner does not meet these loan obligations, then the loan will need to be repaid.
HomeSafe is for homeowners 55+* who wish to maximize the power of their home equity. For those with higher home values and substantial equity, it can be a strategic option for creating liquidity, preserving investment accounts, purchasing a new home, and achieving retirement dreams.
*For certain HomeSafe products only, excluding Massachusetts, New York, and Washington, where the minimum age is 60, and North Carolina and Texas where the minimum age is 62.
While both HomeSafe and HECMs allow homeowners to convert home equity into cash, HomeSafe offers greater borrowing potential and is available to eligible homeowners as young as 55+*. HECMs are government-insured loans for homeowners age 62+ and are subject to FHA loan limits and mortgage insurance requirements.
*For certain HomeSafe products only, excluding Massachusetts, New York, and Washington, where the minimum age is 60, and North Carolina and Texas where the minimum age is 62.
No—you keep ownership of your home with a HomeSafe reverse mortgage as long as you meet all loan obligations, including meeting all loan obligations under the first lien mortgage. You can remain in your home as long as it’s your primary residence and you stay current on property taxes, homeowner’s insurance, and basic property maintenance. The lender cannot take your home just because the loan balance grows. Learn More
A HomeSafe loan is repaid when the homeowner moves out, doesn’t meet the loan conditions, or passes away. The loan can be settled by selling the house or by using other assets if the borrower or heirs prefer to keep the house. Most importantly, the borrower or heirs won’t owe more than the home’s value when the loan becomes due and the home is sold.
*The borrower must meet all loan obligations, including living in the property as the principal residence and paying property charges, including property taxes, fees, hazard insurance. The borrower must maintain the home. If the homeowner does not meet these loan obligations, then the loan will need to be repaid.
Important legal disclaimers
1The HomeSafe reverse mortgage is a proprietary product of Finance of America and is not related to the Home Equity Conversion Mortgage (HECM) program. HomeSafe products are only available in certain states. Please contact us for a complete list of availability.
2The borrower must meet all loan obligations, including living in the property as the principal residence and paying property charges, including property taxes, fees, hazard insurance. The borrower must maintain the home. If the homeowner does not meet these loan obligations, then the loan will need to be repaid.
3As of July 2026. Rating based on verified reviews from Trustpilot.com
4For certain HomeSafe products only, excluding Massachusetts, New York, and Washington, where the minimum age is 60, and North Carolina and Texas where the minimum age is 62.
5Loans up to $4 million available for certain HomeSafe products. The HomeSafe reverse mortgage is a proprietary product of Finance of America and is not related to the Home Equity Conversion Mortgage (HECM) program. HomeSafe products are only available in certain states. Please contact us for a complete list of availability.
6The right to remain in the home is contingent on paying property taxes and homeowner’s insurance, maintaining the home, and complying with the loan terms.
