Two product families, reverse mortgages and senior second-lien products, with one goal: finding the right fit for your situation. Not every product works for every borrower. We'll tell you which ones do.
Senior Resources Mortgage offers seven home equity programs for older homeowners, organized into two families: reverse mortgages and senior second liens. Reverse mortgages (HECM, HECM for Purchase, and jumbo/proprietary products) let homeowners 62 and older, or 55+ for certain proprietary products, access equity with no required monthly principal-and-interest payment; the balance is repaid when the borrower sells, permanently moves out, or passes away. Senior second liens (HomeSafe Second, HELOC for Seniors, EquitySelect, and Figure HELOC) sit behind an existing first mortgage, so a homeowner can tap equity without refinancing or disturbing their current loan.
All programs are guided by David Rider, CRMP (NMLS #200787), a Certified Reverse Mortgage Professional in Arizona real estate since 1985 and mortgage lending since 2002, serving Arizona, California, and Tennessee. The 2026 HECM lending limit is $1,249,125; reverse mortgages are non-recourse, meaning heirs never owe more than the home's value at repayment.
For homeowners 62+ (or 55+ for certain proprietary products) who want to access home equity without a monthly principal-and-interest payment. The loan becomes due when you sell, permanently move out, or pass away.
The federally-insured reverse mortgage. Flexible payout options, lump sum, monthly payments, line of credit, or a combination. The most widely used reverse mortgage in the U.S.
Use a reverse mortgage to purchase a new primary residence, without monthly P&I payments going forward. Combine your down payment with reverse mortgage proceeds to buy the home you want.
Private reverse mortgage products for homes valued above the HECM limit or where borrowers need access to equity beyond what FHA programs allow. Multiple products available, details coming soon.
Products that sit behind your existing first mortgage, letting you access equity without refinancing or changing your current loan. Options range from no-payment-required to flexible or fixed monthly payments.
A reverse second lien for homeowners 55 and older. Lump sum, no monthly payment required, and your existing first mortgage stays in place. The only no-payment second-lien product on this list.
Interest-only payments for the life of the loan, no payment shock when the draw period ends, because there's no repayment period. Designed for seniors who want a line of credit without the traditional HELOC maturity cliff.
Choose your payment each month, minimum (~1% annualized), interest only, or more. Equity-first underwriting with DTI up to 50%, making it the most accessible product for non-W2 income borrowers.
The fastest home equity product available, approval in ~5 minutes, funded in ~5 business days. Fixed rate, fully digital process, no traditional appraisal. Best for borrowers who need cash fast.
Equity-sharing arrangements with no monthly payments in exchange for a percentage of your home's future appreciation. Available through us when other options don't fit, but the full cost picture matters before you decide.
Seven products across two families isn't a simple decision. The comparison page lays all five second-lien products side-by-side across 19 dimensions. The FAQ answers the questions people actually ask before calling.
A 20-minute no-cost call is typically enough to know which products you qualify for and what the numbers look like. If nothing fits, we'll tell you that too.
Schedule a Free Evaluation
Or download the full product guide for advisors:
Senior Second Mortgage Guide (PDF) →
Disclaimer: Loan programs, eligibility requirements, rates, and product availability are subject to change without notice. Not all products available in all states. All loan amounts, rates, and program parameters referenced on this site are illustrative and subject to underwriting approval. Reverse mortgage products involve accruing interest that increases the loan balance and reduces home equity over time. Borrowers must remain in the home as primary residence and maintain property taxes, insurance, and upkeep. Failure to comply may result in the loan becoming due. This is not a commitment to lend. David Rider, NMLS #200787. Senior Resources Mortgage operates through NEXA Lending. Equal Housing Lender.