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Retirement Mortgage Loan Options

Different Goals May Call for Different Mortgage Strategies

There is no single mortgage solution that is right for everyone in retirement. Your home, your equity, your existing mortgage, and what you want to accomplish can all help determine which options are worth exploring.

From accessing home equity to purchasing your next home or adding flexibility without replacing an existing mortgage, understanding the differences can help you make a more informed decision.

Home Equity Conversion Mortgage Loan

An FHA-insured reverse mortgage that allows eligible homeowners age 62 and older to access a portion of their home equity while continuing to live in and own their home.*

Old Couple
HECM For Purchase Loan

A reverse mortgage designed to help eligible buyers age 62 and older purchase a new primary residence without requiring a traditional monthly principal and interest mortgage payment.*

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Jumbo Reverse Mortgage Loan

A proprietary reverse mortgage designed for higher-value homes that may provide access to more home equity than is available through a traditional HECM.

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HomeSafe Second Reverse Mortgage Loan

You keep the mortgage you’re comfortable with, while gaining the financial flexibility you need.*

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*Borrower must live in the home, maintain it, and pay critical property charges like taxes and insurance.

Not Sure Which Option Fits?

You don't need to know which mortgage option is right for you before reaching out. We can start by looking at your home, your current mortgage, your available equity, and what you would like your housing wealth to help you accomplish. From there, we can determine which options may be worth exploring—and whether using a mortgage strategy makes sense at all.

Complaints may be directed to: (877) 699-0353 or Email us: customerservice@fairwaymc.com. | Private Policy | Terms of Use | Legal Disclosures   Licensing |   NMLS Consumer Access  

Copyright©2025 Fairway Independent Mortgage Corporation (“Fairway”) NMLS#2289. 4750 S. Biltmore Lane, Madison, WI 53718, 1-866-912-4800. All rights reserved. Fairway is not affiliated with any government agencies. These materials are not from HUD or FHA and were not approved by HUD or a government agency. Reverse mortgage borrowers are required to obtain an eligibility certificate by receiving counseling sessions with a HUD-approved agency. The youngest borrower must be at least 62 years old. Monthly reverse mortgage advances may affect eligibility for some other programs. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates, and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Equal Housing Opportunity.

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