What is a Reverse Home Loan?

A Reverse Loan, also called a Reverse Mortgage, is a specific type of loan for homeowners aged 62 and over who want to stay in their homes without paying a hefty monthly mortgage. It allows you to convert your home equity into cash income with no up-front or monthly payments.

How Does a Reverse Loan Work?

A Reverse Mortgage differs from a traditional loan in that your lender pays you rather than you paying your lender. You choose how to receive your funds, and you only pay interest on the proceeds you receive. You keep the title to your home, however, you must still pay your property and hazard insurance.

Is a Reverse Loan Right for You?

To find out if you qualify for a Reverse Mortgage and learn more about how the loan works, contact one of our Reverse Home Loan specialists to review your options.


  • No Minimum Credit Score—Credit and Income Analyzed to Show Ability to Pay Property Taxes, Homeowners Insurance, and Credit Obligations
  • Fixed and Adjustable-Rate Options
  • Dedicated Team to Support All of Your Reverse Mortgage Needs
  • HECM for Purchase Option
  • HECM Jumbo Loans from $850K up to $4M


Get Preapproved Today

Our easy preapproval process gives you the preliminary answers you need to qualify, so you can borrow the maximum amount you need to purchase your dream home.


NQM Funding, LLC (NMLS # 75597) dba - Premier Mortgage Associates; Villa Home Loans; Texas: Consumers wishing to file a complaint against a mortgage company or a licensed residential mortgage loan originator should complete and send a complaint form to the Texas department of savings and mortgage lending, 2601 North Lamar, Suite 201, Austin, Texas 78705. Complaint forms and instructions may be obtained from the department’s website at www.sml.texas.gov. A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out-of-pocket damages sustained by borrowers caused by acts of licensed residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at www.sml.texas.gov - nmlsconsumeraccess.org