HomeSafe vs SecureEquity

HomeSafe (Finance of America Reverse) and SecureEquity (Mutual of Omaha Reverse, NMLS #1025894) are privately issued jumbo reverse mortgages, neither FHA-insured. Both reach borrowers as young as 55 in some states. Finance of America lists HomeSafe's exceptions (60 in Massachusetts, New York, and Washington; 62 in North Carolina and Texas), while Mutual of Omaha says some states set a higher minimum for SecureEquity.

HomeSafe, from Finance of America Reverse, and SecureEquity, from Mutual of Omaha Reverse, are two proprietary jumbo reverse mortgage programs. Jumbo reverse mortgages are privately issued, not FHA-insured, and built for homes worth well above the HECM lending limit. This page is a parameter card. The two programs are listed alphabetically and shown on their published terms; it is not a ranking, and there is no "better" program named here.

Last reviewed 2026-10-07

How do HomeSafe and SecureEquity compare side by side?

| Parameter | HomeSafe (Finance of America Reverse) | SecureEquity (Mutual of Omaha Reverse) | |---|---|---| | Product type | Proprietary jumbo reverse mortgage, not affiliated with the HECM program (Finance of America, HomeSafe product page) | Proprietary reverse mortgage, not insured by the FHA (Mutual of Omaha, SecureEquity product page and jumbo calculator page) | | Issuer | Finance of America Reverse | Mutual of Omaha Mortgage Inc., Mutual of Omaha Reverse division (NMLS #1025894) | | Minimum borrower age | 55 for certain HomeSafe products; 60 in Massachusetts, New York, Washington; 62 in North Carolina and Texas (Finance of America, HomeSafe product page) | As young as 55; some states set a higher minimum age (Mutual of Omaha, SecureEquity product page) | | Maximum loan amount | Up to $4 million for certain HomeSafe products (Finance of America, HomeSafe product page) | Up to $4 million (Mutual of Omaha, SecureEquity product page) | | Payout modes | Lump sum, monthly payouts, line of credit, or a mix of all three (Finance of America, HomeSafe product page) | Lump sum or line of credit (Mutual of Omaha, SecureEquity product page) | | Interest rate type | Fixed or variable (Finance of America, HomeSafe product page) | Fixed and adjustable (ARM) versions listed (Mutual of Omaha, SecureEquity rate sheet effective September 9, 2026) | | Mortgage insurance premium | None (Finance of America, HomeSafe product page) | None (Mutual of Omaha, jumbo calculator page) | | Non-recourse | Finance of America says the borrower or heirs won't owe more than the home's value when the loan becomes due and the home is sold (HomeSafe product page) | Not stated on Mutual of Omaha's product page | | State availability | Only available in certain states (Finance of America, HomeSafe product page) | Rate sheet lists approved states; Massachusetts and New York are not on it (Mutual of Omaha, SecureEquity rate sheet effective September 9, 2026) |

Where do HomeSafe and SecureEquity differ?

The clearest published differences are state coverage and how each lender states its age rules. Finance of America lists HomeSafe's exceptions: 55 for certain products, 60 in Massachusetts, New York, and Washington, and 62 in North Carolina and Texas (Finance of America, HomeSafe product page). Mutual of Omaha says SecureEquity starts at 55 and that some states set a higher minimum, without naming them on its product page (Mutual of Omaha, SecureEquity product page). Its SecureEquity rate sheet, effective September 9, 2026, lists approved states, and Massachusetts and New York are not on it. A borrower under 62, or in Massachusetts or New York, should confirm eligibility with both lenders.

Payouts differ too. HomeSafe can pay a lump sum, monthly payouts, a line of credit, or a mix of all three (Finance of America). SecureEquity pays a lump sum or a line of credit (Mutual of Omaha).

What do HomeSafe and SecureEquity have in common?

The headline terms are close: both lend up to $4 million, neither charges a mortgage insurance premium, and both offer a lump sum or a line of credit (Finance of America; Mutual of Omaha).

How do you choose between HomeSafe and SecureEquity?

The row order is not a ranking. The decisive parameter, when there is one, is the borrower's state: its age floor and whether the program is offered there. After that, the choice usually comes down to the payout a borrower wants, the quoted rate and margin, the contract language, and how a borrower weighs the two issuers. A HUD-approved counselor can run both against the same age and home value. The HECM-vs-jumbo guide covers when a federal HECM is the right screen first; running the home value and age through the reverse mortgage calculator shows what a HECM would return as the baseline. The full parameter cards are at HomeSafe and SecureEquity.

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