32 min read
How to Use Jumbo Reverse Mortgages as a Business Finance Tool
Are you a business owner struggling to secure flexible funding? Your high-value home might hold the key to unlocking...
When it comes to managing finances in retirement, homeowners often seek solutions that allow them to leverage their most significant asset: their home. One such solution is a reverse mortgage, a type of loan that enables older homeowners to convert part of their home's equity into cash. Among the various types of reverse mortgages, the proprietary reverse mortgage stands out, and Equity Access Group has emerged as a leader in this field. This blog explores the concept of proprietary reverse mortgages and why Equity Access Group is at the forefront of this market.
A proprietary reverse mortgage is a private loan backed by the lending company and not insured by the federal government, unlike Home Equity Conversion Mortgages (HECMs). These are tailored for homeowners with higher-value homes, allowing them to access a larger amount of their home equity compared to HECMs.
Equity Access Group has carved a niche in the proprietary reverse mortgage market for several reasons:
Proprietary reverse mortgages represent a vital financial tool for many homeowners, particularly those with higher-value properties. Equity Access Group's leadership in this sector is a testament to their commitment to providing tailored, transparent, and trustworthy services. As the market evolves, their role in helping retirees secure their financial future remains crucial.
Apr 16, 2025by Jason Nichols
Are you a business owner struggling to secure flexible funding? Your high-value home might hold the key to unlocking...
Apr 16, 2025by Jason Nichols
Suppose you’re a homeowner aged 62 or older with a property worth more than the current lending limit set by the...
Mar 31, 2025by Jason Nichols
If you're ready to use the equity in your home with a reverse mortgage but the whole process feels a little daunting,...