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Read more about our reverse mortgage products.

Our Reverse Mortgage Products

Generation Mortgage Company has a variety of loan options available to meet your retirement needs. Choose from one of the FHA-insured Home Equity Conversion Mortgage (HECM) products or Generation Mortgage Company’s exclusive product, Generation Plus® jumbo loan.

Below is a summary chart to help you compare reverse mortgage product options. For more detail, just click the link for the product in which you’re interested.

Product Comparison Chart

Product Rate Loan Limit Payout Options
HECM
STANDARD
Adjustable $625,500 > Monthly Payments: Adjustable
> Line of Credit: Adjustable
HECM
SAVER
Fixed or Adjustable $625,500 > Lump Sum: Fixed or Adjustable
> Monthly Payments: Adjustable
> Line of Credit: Adjustable
HECM
FOR PURCHASE
Fixed or Adjustable $625,500 > Proceeds go toward purchase of new home
GENERATION
PLUS®
Fixed $6,000,000 > Lump Sum

These above products may not be available in all states. Speak with a reverse mortgage professional for more details.

 

Reverse Mortgage Calculator

How much money may be available?

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