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Read more about our reverse mortgage products.

Our Reverse Mortgage Products

Generation Mortgage 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’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		 Fixed or Adjustable $625,500 > Lump Sum: Fixed or Adjustable
> 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 > Proceed go towards purchase of new home
GENERATION
PLUS® 		Fixed $6,000,000 > Lump Sum
 

Reverse Mortgage Calculator

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Copyright © 2012 - Generation Mortgage Company | A Reverse Mortgage Company for Seniors 62 and Over. All Rights Reserved.

NMLS #1319; Corporate Office: 3 Piedmont Center, 3565 Piedmont Rd NE, Ste 300, Atlanta, GA 30305; Arizona Mortgage Banker License #0909296, 6740 E. Camelback Rd, Ste 104, Scottsdale, AZ 85251; Licensed by the Department of Corporations under the California Residential Mortgage Lending Act; Colorado, To check the license status of your mortgage loan originator, visit http://www.dora.state.co.us/real-estate/index.htm; In CT, licensed and DBA as Generation Reverse Mortgage, Inc.; Georgia Residential Mortgage Licensee #22292, Generation Mortgage Company, 3 Piedmont Ctr, 3565 Piedmont Road NE, Ste 300, Atlanta, GA 30305; Illinois Residential Mortgage Licensee #MB.6760368; Kansas Licensed Mortgage Company #MC.0001660; Massachusetts Mortgage Lender-ML3240; Licensed by the Mississippi Department of Banking & Consumer Finance; Nevada #2970, 907 Tahoe Blvd, Ste 2, Incline Village, NV 89451, Phone # 775-831-0161; Licensed by the New Hampshire Banking Department as Generation Mortgage Company d/b/a Generation Mortgage Company, Inc; Licensed by the N.J. Department of Banking and Insurance, 51 JFK Parkway, Ste 114, First Floor West, Short Hills, NJ 07078, Phone #973-218-2418; Licensed Mortgage Banker- NYS Department of Financial Services; Oregon License #ML-4445, Licensed by the Pennsylvania Department of Banking; Rhode Island Licensed Lender; TEXAS: COMPLAINTS REGARDING A LICENSED RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD BE SENT TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550. Licensed by the Virginia State Corporation Commission #MC-4832; Washington #CL-1319; Also conducts business in AL, AR, DC, DE, FL, HI, IA, ID, IN, KY, LA, MD, ME, MI, MN, MT, NC, ND, NE, NM, OH, OK, PR, SC, SD, TN (License #3543), UT, VT, WI, WV, WY. Not all products and options are available in all states. Terms subject to change without notice. Some people portrayed are professional models. ©2012 Generation Mortgage Company. All Rights Reserved.

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