Eligibility Requirements
Understand every requirement you need to meet before applying for a reverse mortgage.
Age Requirements for Reverse Mortgages
The 62-year minimum and how age affects your loan amount, interest rate, and borrowing power.
Read articleProperty Types That Qualify
Single-family homes, condos, townhomes, manufactured housing — which properties are eligible.
Read articleHome Equity Requirements
How much equity you need and how lenders calculate your available proceeds.
Read articleFinancial Assessment Explained
The income, credit, and expense review lenders perform to ensure you can maintain the home.
Read articleReverse Mortgage With an Existing Mortgage
Yes, it is possible — learn how proceeds pay off your current balance first.
Read articleReverse Mortgages for Condos & Townhomes
FHA approval requirements and what to know if your property is in an HOA community.
Read articleSpousal Protections & Non-Borrowing Spouse
Rules that protect younger spouses and what happens if only one partner is on the loan.
Read articleCredit and Income Requirements
How your credit history and residual income factor into reverse mortgage approval.
Read articleProperty Condition Requirements
HUD minimum property standards and what repairs may be needed before closing.
Read articleState-by-State Reverse Mortgage Rules
How state laws, taxes, and regulations vary for reverse mortgage borrowers.
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