The smarter reverse mortgage.
- Eliminate the requirement of a monthly mortgage payment
- Access a tax-free portion of your home's equity
- Our 1.0% Margin — Engineered for Equity
HECM Estimator
Type or slide to adjust
HECM uses the younger borrower's age
Initial Growing Credit Line
$0
$0
HECM uses the younger borrower's age
56% of purchase price
$0 less
down payment with us vs using the typical 2.5% margin
Buyer's own closing costs (title, escrow, inspections) are separate from the HECM.
Illustrative only. Actual amounts vary. Not a commitment to lend.
Three Ways a HECM Can Work for You
Whether you want to tap your equity, buy a new home, or improve your existing reverse mortgage — all three benefit from our 1.0% margin — Engineered for Equity.
HECM Line of Credit
The Growing Reserve
Open a credit line that grows at your interest rate (Index + Margin) + 0.5% MIP — whether you use it or not. Access tax-free funds whenever you need them, with no monthly payment required.
HECM for Purchase
Buy With No Monthly Mortgage
Purchase your next home using a reverse mortgage — one closing, no monthly mortgage payment. Ideal for downsizers, relocators, and retirees making a move.
HECM Refinance
Upgrade Your Reverse Mortgage
Already have a reverse mortgage? Refinance to access more equity if your home has appreciated, rates have dropped, or FHA limits have increased.
Three Reasons a HECM Could Be Your Smartest Retirement Move
The Growing Reserve
Your unused HECM Line of Credit grows at your interest rate (Index + Margin) + 0.5% MIP — contractually guaranteed. A $180,000 credit line opened at 62 can grow significantly by age 75 — without your home appreciating a single dollar.
- Unlike a HELOC, your credit line is protected from lender freezes
- Grows whether you use it or not — open early, let it compound
- Available tax-free for downturns, healthcare, or long-term care
HECM Credit Line vs. HELOC
HECM
- Protected from lender freezes
- Grows unused balance
- No monthly payment
HELOC
- Banks can freeze anytime
- No growth on balance
- Monthly payments required
Credit line growth over 13 years
The Safety Net
HECM loans are non-recourse and FHA-insured — your heirs can never owe more than your home is worth. Unlike HELOCs, which banks froze during the 2008 crisis, a HECM credit line cannot be reduced or cancelled. You keep the title, you stay in the home, and no monthly payment is required.
The Strategy
Delay Social Security from 62 to 70 and your benefit grows 77% — from $2,200/mo to $3,900/mo for life. Dr. Wade Pfau's Four-Pillar Strategy uses a HECM to bridge that gap while coordinating portfolio protection and long-term care planning.
Is a HECM Right for You? Find Out in 30 Seconds
Our decision matrix gives you clear-cut advice based on your equity level and how long you plan to stay in your home.
Frequently Asked Questions
A Lower Margin Means a Bigger Credit Line
Your lender's margin is added to the base rate, which determines how much equity you can access. A lower margin means more money for you.
Industry Average
2.500%margin
123 Reverse
1.000%margin
Based on $800,000 home value, age 76, $195,000 existing mortgage. Illustrative only — not a commitment to lend. Actual amounts depend on appraisal, rates, and individual circumstances.
Your HECM Advisors
At 123 Reverse, we believe an informed homeowner makes the best decision. That's why we spend 90% of our time educating — not selling. Our team studies the latest research from experts like Dr. Wade Pfau so you don't have to.
“We'd rather tell you it's not a fit and earn your trust than push a product you don't need.”
Understand Before You Decide
Free Assessment
Ready to See the Numbers? It Takes 60 Seconds.
Enter your information below and we'll send you a personalized HECM assessment — no spam, no pressure.