The growing credit line that works while you sleep.
- 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
Line of Credit Estimator
Type or slide to adjust
HECM uses the younger borrower's age
Initial Growing Credit Line
$0
$0
Illustrative only. Actual amounts vary. Not a commitment to lend.
From Curiosity to Clarity in Six Simple Steps
The HECM process is regulated, transparent, and designed to protect you at every stage.
Discovery Conversation
15 minutes, free, no obligation
We learn about your situation — your home, your retirement plans, your concerns. Using our decision matrix, we determine whether a HECM is a potential fit.
Personalized Analysis
Delivered within 48 hours
If you’re a potential fit, we run the full numbers: your estimated Line of Credit, 10-year and 20-year growth projections, and how a HECM coordinates with your strategy.
HUD-Approved Counseling
1 hour session, federally required
Before any HECM can proceed, you must complete a counseling session with an independent, HUD-approved counselor. This isn’t us — it’s a third party who ensures you understand the product.
Application with Licensed Originator
1–2 hours
We connect you with a licensed NMLS loan originator who handles the formal application. All loan-specific terms and numbers come from the licensed originator.
Appraisal & Underwriting
2–4 weeks
An FHA-approved appraiser determines your home’s value. Underwriting confirms your eligibility based on the Financial Assessment (credit history, income, property taxes, insurance).
Closing & Funding
1 day closing + 3 day right of rescission
Sign the documents, then wait three business days (your right to cancel). After that, funds are available as a lump sum, line of credit, monthly payments, or a combination.
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.
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.
- 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
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, a HECM credit line cannot be reduced or cancelled.
The Strategy
Delay Social Security from 62 to 70 and your benefit grows 77%. Dr. Wade Pfau’s Four-Pillar Strategy uses a HECM to bridge that gap while coordinating portfolio protection.
Frequently Asked Questions
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.”
Don't Take Our Word For It
“We spent months worrying before we called. Within 15 minutes, we knew this was right for us. 123 Reverse didn't sell us anything — they showed us the math.”
Their Situation
Retired teachers, ages 68 and 70. $420K in home equity, worried about outliving their savings with rising healthcare costs.
Our Recommendation
123 Reverse showed them the decision matrix — they were a 'Strong Fit.' A HECM LOC was coordinated with David's Social Security delay strategy.
The Outcome
They now have a $285,000 growing credit line with no monthly payment. David claimed maximum Social Security at 70, and their combined retirement income increased by 40%.
Margaret & David Chen
Phoenix, AZ
Understand Before You Decide
Free Assessment
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