Home For Life Reverse Mortgage Inc.

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What Is a Jumbo Reverse Mortgage?

Jumbo reverse mortgage loans are designed for homeowners with high-value properties who are seeking access to more home equity than standard HECM limits allow. These loans are available to borrowers aged 55 and older, depending on the lender and state guidelines.

Why Choose a Jumbo Reverse Mortgage?

If your home is worth over $1 million, a jumbo reverse mortgage can provide larger loan amounts, flexible terms, and no mortgage insurance premiums, making it an ideal option for affluent seniors.
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Key Benefits

  • Access up to $4 million or more in equity
  • No monthly payments required
  • No FHA mortgage insurance
  • Multiple payout options: lump sum, line of credit, or monthly draws
  • Available for high-value homes and luxury properties

HECM for Purchase lets you do all this while preserving cash savings and eliminating future mortgage payments.

Get In Touch
Barbara R
Florida
This was the best thing I ever did. Dealing with Todd Woodcock was wonderful; he walked me through it and gave me lots of information. Questions were answered anytime with no pressure. I contacted my Financial Advisor and with counsellors they help you to know if it's right for you. And that you understand it all. Now, no more worries about taxes and insurance.
I HIGHLY RECOMEND TODD WOODCOCK. HAVE PEACE OF MIND NOW!
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Johanna E
Florida
Todd was professional, communicative, and an expert in this field. He did an amazing job and made the reverse mortgage process a pleasurable experience.
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Missy G
Florida
Todd went above and beyond to assistant my parents with their reverse mortgage. He was patient and explained the process from beginning to end. I'd recommend Todd to anyone exploring the possibility of a reverse mortgage. Definite 5 star experience.
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Susan G
Florida
If you are considering a reverse mortgage, then look no further than Todd Woodcock, certified reverse mortgage professional! He is extremely knowledgeable, explains everything carefully and thoroughly, is very prompt with responses and answers all your questions! He makes his clients his #1 priority! I recommend him highly. In fact, I run a lifelong learning center in Florida, and I am bringing him to my school to give a workshop on reverse mortgages.
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How It Works

  • Determine Eligibility
  • Get a Home Appraisal
  • Choose Your Payout
  • No Monthly Mortgage Payments
  • Loan Repayment

Unlike traditional HECM loans that require borrowers to be at least 62 years old, Jumbo reverse mortgages are open to qualifying borrowers aged 55 and above. This makes them a flexible option for younger homeowners with high-value properties.