Jumbo Reverse. Now the 2 most popular different reverse mortgages in the marketplace would be the Home assets conversion process Mortgages (guaranteed by the FHA), and Jumbo or proprietary reverse mortgage loans.

While FHA Reverse mortgage loans have been in existence for three decades, jumbo reverse mortgage loans tend to be a more recent option for people who own a higher-value land, gaining importance over the last ten years with versatile system selections. Continue reading