Stallion Loans Presents
Reverse Mortgages
Turn Home Equity Into Retirement Cash Flow — Without a Monthly Mortgage Payment.
A reverse mortgage lets homeowners 62+ (55+ in Florida through certain proprietary programs) convert home equity into tax-free* cash, a growing line of credit, or monthly payments — with no monthly mortgage payment required as long as you live in the home and keep up with taxes, insurance, and upkeep. Non-recourse: you or your heirs will never owe more than the home is worth.
62+
Min. Age (HECM)
$0
Required Monthly Payment
$4M
Max Loan (HomeSafe)
Non
Recourse Loan
*Reverse mortgage proceeds are loan advances, not income, and are generally not subject to income tax. This is not tax advice — consult a tax professional about your specific situation.
The Guidelines
What a reverse mortgage actually is — and isn't
A reverse mortgage isn't the bank taking your house. It's a loan against your home's equity that doesn't require a monthly payment for as long as you live there — with real rules, real protections, and a mandatory counseling session before you ever sign anything.
No Required Monthly Mortgage Payment
As long as you live in the home as your primary residence and keep taxes, insurance, and HOA dues current.
Non-Recourse Loan
You or your heirs will never owe more than the home is worth when the loan is repaid, no matter what happens to the loan balance.
You Keep the Title
You remain the owner of your home. The lender places a lien against it, just like any other mortgage.
HECM: Ages 62+, Federally Insured
The HUD/FHA-backed HECM is available nationwide to homeowners 62 and older.
HomeSafe: Ages 55+ in Florida
A proprietary jumbo option for higher-value homes, with a lower minimum age than HECM in Florida (62+ in Texas).
Independent Counseling Required
HUD requires an independent, third-party counseling session before any reverse mortgage application can move forward.
Choose Your Payout
A lump sum, a line of credit, monthly payments, or a combination — your choice, not ours.
Use It to Buy a Home, Too
A reverse mortgage can also finance the purchase of a new primary residence (HECM for Purchase).
You Must Maintain the Home
Property taxes, homeowners insurance, HOA dues, and basic upkeep are still your responsibility.
HECM vs. HomeSafe
Two real programs. We show you both.
Every reverse mortgage comparison we run includes both the federally insured HECM and the proprietary HomeSafe suite, so you can see which one actually fits your home value, age, and goals — not just the one program a lender happens to push.
HECM
Home Equity Conversion Mortgage
- • FHA-insured, federally regulated nationwide
- • Minimum age 62, no exceptions
- • Adjustable-rate with growing line of credit, or fixed-rate lump sum
- • FHA mortgage insurance required
- • Loan amount based on FHA's national lending limit
HomeSafe
Proprietary Jumbo Reverse Mortgage
- • Privately insured — not FHA-backed
- • Minimum age 55 in Florida; 62 in Texas
- • Principal limits up to $4,000,000
- • No mortgage insurance premium
- • Built for higher-value homes above FHA's lending limit
How It Works
Four steps, with a federally required safeguard built in
01
Complete Required Counseling
HUD requires an independent counseling session with an approved counselor before we can move your application forward. It's designed to protect you, not slow you down.
02
We Compare HECM and HomeSafe
Based on your age, home value, and location, we show you a real side-by-side comparison — federally-insured HECM against the proprietary HomeSafe suite — so you see every option.
03
Choose How You Get Paid
A lump sum, a growing line of credit, scheduled monthly payments, or a combination. You decide what fits your life.
04
Close, and Stay in Your Home
No monthly mortgage payment is required as long as you live there and keep up with taxes, insurance, and upkeep. You keep the title the entire time.
Reverse Mortgage Calculator
See roughly what your home could unlock
Enter your age and home value for a ballpark HECM estimate, using the actual age-based lending chart. Your real number depends on the current expected interest rate (it changes weekly), your specific loan program, and a few other factors — so treat this as a starting point for a conversation, not a quote.
55 72 95+
An existing mortgage must be paid off at closing, typically using reverse mortgage proceeds first.
Estimated HECM Proceeds
Age-Based Lending Factor
0%
Gross Available Proceeds (Before Closing Costs)
$0
Less Existing Mortgage Payoff
$0
Estimate only, based on FOA's published HECM age-to-LTV reference chart at a point-in-time expected rate. The actual expected rate changes weekly and will move your real number up or down. Capped at the FHA national HECM lending limit of $1,209,750. Does not include closing costs, mortgage insurance, or HomeSafe-specific figures, which depend on appraisal and program tier. Not a loan estimate or commitment to lend.
Where We're Live
Serving homeowners across Florida and Texas
We maintain dedicated local guidance for cities across both states, with an especially deep focus on Florida — home to one of the largest retiree populations in the country.
Resources
Answers for homeowners, not sales scripts
Why HUD Requires Counseling Before Every Reverse Mortgage
It's not a sales formality — it's a federal consumer protection built into the process. Here's what to expect.
HECM vs. HomeSafe: Which Reverse Mortgage Fits You?
The federally insured HECM and the proprietary HomeSafe program serve different homeowners. Here's the real difference.
How a Reverse Mortgage Line of Credit Actually Grows
The unused portion of your line of credit grows over time — but not the way an investment does. Here's the accurate explanation.
Non-Recourse Explained: Why Your Heirs Are Protected
Both HECM and HomeSafe are non-recourse loans. Here's exactly what that guarantees — and what it doesn't.
Frequently Asked Questions
Straight answers, no scripted sales pitch
Do I have to pay a reverse mortgage back every month? +
No. There is no required monthly mortgage payment as long as at least one borrower lives in the home as their primary residence and keeps property taxes, homeowners insurance, and HOA dues current. You may still make voluntary payments if you want to reduce the balance.
Can I lose my home with a reverse mortgage? +
You keep the title to your home — a reverse mortgage doesn't transfer ownership. The loan can become due and payable if you no longer live there as your primary residence, or if you fall behind on property taxes, insurance, or required upkeep, so staying current on those obligations is essential.
Will my heirs owe more than the home is worth? +
No. Both HECM and HomeSafe are non-recourse loans. When the loan becomes due, your heirs can sell the home to repay it, or, if the balance is more than the home is worth, satisfy the debt for the home's appraised value — they will never owe the difference out of pocket.
What's the minimum age to qualify? +
HECM, the federally insured program, requires the youngest borrower to be at least 62, nationwide, with no exceptions. Florida homeowners aged 55-61 may qualify for HomeSafe, a proprietary jumbo program with a lower minimum age in Florida. In Texas, both HECM and HomeSafe require age 62+.
Do I have to complete counseling before I apply? +
Yes. HUD requires every reverse mortgage applicant to complete an independent counseling session with a HUD-approved (or program-approved) counselor before the loan can move forward — this is a federal consumer protection built into the process, not an optional step.
Does the growing line of credit count as income or interest? +
No. The unused portion of a reverse mortgage line of credit can grow over time, but that growth represents a greater capacity to borrow in the future — it is not income, interest, earnings, or a return on your home's value, and it is not guaranteed to grow indefinitely.
Is the money I receive taxable? +
Reverse mortgage proceeds are loan advances, not income, and are generally not subject to income tax. This is not tax advice — talk to a tax professional about your specific situation.
Can I use a reverse mortgage to buy a new home? +
Yes. HECM for Purchase lets qualifying borrowers 62+ buy a new primary residence using a reverse mortgage, combining loan proceeds with a down payment from the sale of a previous home or other funds — without a monthly mortgage payment on the new home.
What happens to a reverse mortgage if I pass away? +
The loan becomes due and payable. Your heirs typically have time to decide whether to repay the loan and keep the home, sell the home to repay it and keep any remaining equity, or, if the home is worth less than the balance, sign it over to satisfy the debt with no further liability.
Ready to Talk It Through?
No pressure. Just a real conversation about your options.
Melvin Kelly, President · NMLS #978991
Get a Free, No-Obligation Reverse Mortgage Estimate
Tell us a bit about your situation and we'll follow up with a real comparison across HECM and HomeSafe — most homeowners hear back the same business day.
Thank you.
Your request has been received — we'll be in touch shortly.