Reverse Mortgage

For Your Client

Reverse Mortgage for Your Client

A Reverse Mortgage offers your client a valuable alternative retirement solution. It can also help in deferring the use of investment portfolios, enabling more strategic planning.

Expert Advice

Our team of experts is ready to connect with you and address any inquiries you may have. Let’s get started.

How Can We Help You & Your Client?

We Work with You

We strategically plan for what fits your clients needs. Slow the spend-down of their investment portfolios, building more overall wealth by allowing assets to stay invested longer. Create a growing "safety net" of funds for longevity or unexpected expenses.

Retirement Planning

A Reverse Mortgage provides creative ways to improve seniors’ incomes, lifestyles, and monthly cash flow. For clients who need additional resources to help meet ambitious goals, a reverse can help you present more comprehensive and successful retirement planning.

Easy Lending

Land Home’s Reverse team makes it easy for you to bring home equity retirement strategies to your clients, with a lender that is committed to the highest regulatory and ethical standards.

Welcome to Land Home

For over 35 years, we've been tailoring loans to our customers needs. At Land Home, we don't just provide mortgages; we build foundations for families, one personalized loan at a time.

Mortgage Experts

Industry experts in Refinance, Purchase, New Construction, and more. Licensed in 50 States and DC

Trusted Lender

With 35 Years of Home Financing Experience, We're Not Just Lenders, but Lifelong Partners.

Peace of Mind

We are a Better Business Bureau (BBB) Accredited Business with an A+ Rating.

FAQs

What is a Reverse Mortgage with Land Home and how does it work?

A Home Equity Conversion Mortgage (HECM), aka Reverse Mortgage, is an FHA insured program designed for homeowners ages 62 and above. Reverse mortgages work by allowing homeowners to convert a portion of their home’s equity into cash without having to sell the home or make regular monthly mortgage payments (keeping up with property taxes, insurance, and maintenance is required). With an FHA-insured HECM, you’re not responsible to pay the difference if the loan balance ever exceeds the value of your home when the loan becomes due—known as the non-recourse feature.
You will still retain ownership of the home and rights to title with the Reverse Mortgage. The lender does not take control of title.
A HECM offers certain advantages that provide greater flexibility and financial control:
  • With a HECM line of credit, the unused amount in your credit line grows over time--giving you access to more available funds.
  • HECM has a flexible repayment feature: You decide how much or how little to pay each month toward principal and interest. Or you can choose to make no monthly loan payment at all. As with any home-secured loan, you must meet your loan obligations, keeping current with property taxes, insurance, maintenance, and any homeowners association fees.
  • A HECM can’t be canceled or reduced, as long as you meet your loan obligations and live in the home as your primary residence—so it will be there when you need it.
  • Eliminate monthly mortgage and HELOC payments
  • Home Improvements
  • Medical and in-home care
  • Supplemental income
  • Relocation and new home purchase
  • Retirement planning
  • Divorce settlements
  • Cash for leisure, inheritances, pay off debts, and much more.
The funds from a Reverse Mortgage do not affect your Social Security or Medicare benefits. However, needs-based benefits, such as Medicaid, Supplemental Security Income (SSI) or other income-based programs, which vary from state to state, may be impacted. For details on your specific situation, you should contact the benefits professional or government benefits specialists.