Jumbo reverse mortgage lenders: the three live programs in 2026
Three jumbo reverse mortgage lenders run programs in 2026: HomeSafe, Platinum Preserve, and SecureEquity+. Parameter cards, eligibility, and how to compare.
Last updated 2026-05-20 · 8 sources
Three programs originate jumbo reverse mortgages in the United States as of 2026: HomeSafe (Finance of America Reverse, NMLS #2285), Platinum Preserve (Longbridge Financial, NMLS #957935), and SecureEquity+ (Mutual of Omaha Reverse, NMLS #1025894). A fourth program, Equity Edge, was discontinued when Reverse Mortgage Funding filed Chapter 11 in November 2022 and is no longer being originated; aggregator pages that still list it as active are out of date.
This page lists the three live programs alphabetically by program slug and shows the published parameters of each. It is not a ranking. Per FTC review-as-endorsement guidance, ordering a list by anything other than alphabet would imply a comparison this site has not performed.
Last reviewed
What does "jumbo lender" mean in this market?
A jumbo reverse mortgage lender is a private institution that originates a non-FHA reverse mortgage under its own program rules. The product covers home values above the FHA HECM lending limit ($1,249,125 for 2026 case numbers under HUD Mortgagee Letter 2025-22), with a loan principal cap of $4M across the three live programs. The $4M figure is a loan cap, not a home-value cap; the underlying property can be worth more.
The market has consolidated. From 2014 through 2022 there were as many as five active programs; the failure of Reverse Mortgage Funding LLC (Chapter 11 petition filed November 30, 2022, U.S. Bankruptcy Court District of Delaware, case 22-11224 (RMF LLC, jointly administered under lead case 22-11225)) removed Equity Edge from origination. The remaining three are the entire active set.
The active programs
HomeSafe
Finance of America Reverse (FAR) · NMLS #1071
| Minimum age | 55 (62 in NC and TX) |
|---|---|
| Maximum loan | $4M |
| Minimum home value (practical) | ~$700,000+ |
| Payout modes | Lump sum, line of credit |
| Rate type | Typically fixed; LOC variants offered |
| MIP | None |
| Counseling | Required as a lender condition (HUD-approved counselor) |
| State availability | Most US states; check FAR disclosure pages for current list |
What makes this program distinctive: Longest-running program in the current jumbo market. FAR has originated HomeSafe since 2014; its servicing book is the deepest of the three.
Source: Finance of America Reverse HomeSafe published parameter sheet, last verified 2026-05-20.
We earn a commission if you apply through this link. This does not affect the price you pay or the terms you receive.
Apply for HomeSafe with Finance of America Reverse →
Platinum Preserve
Longbridge Financial · NMLS #957935
| Minimum age | 55 (60 in MA, NY, WA) |
|---|---|
| Maximum loan | $4M |
| Minimum home value (practical) | ~$700,000+ |
| Payout modes | Lump sum, line of credit |
| Rate type | Fixed common |
| MIP | None |
| Counseling | Required as a lender condition (HUD-approved counselor) |
| State availability | Most US states; check Longbridge disclosure pages for current list |
What makes this program distinctive: The 'preserve' framing reflects contract terms around home-value re-appraisal during the loan term. The re-appraisal language is program-specific and worth comparing line-by-line against HomeSafe and SecureEquity+ before signing.
Source: Longbridge Financial Platinum Preserve published parameter sheet, last verified 2026-05-20.
We earn a commission if you apply through this link. This does not affect the price you pay or the terms you receive.
Apply for Platinum Preserve with Longbridge Financial →
SecureEquity+
Mutual of Omaha Reverse · NMLS #1025894
| Minimum age | 55 (60 in MA, NY, WA) |
|---|---|
| Maximum loan | $4M |
| Minimum home value (practical) | ~$700,000+ |
| Payout modes | Lump sum, line of credit |
| Rate type | Fixed common |
| MIP | None |
| Counseling | Required as a lender condition (HUD-approved counselor) |
| State availability | Most US states; check Mutual of Omaha Reverse disclosure pages for current list |
What makes this program distinctive: Mutual of Omaha is a 116-year-old insurance brand. For borrowers weighing issuer-solvency risk on a non-FHA-insured product, the parent-company strength is a relevant signal — the Equity Edge case demonstrated that contractual non-recourse depends on the issuer surviving.
Source: Mutual of Omaha Reverse SecureEquity+ rate and parameter sheet, last verified 2026-05-20.
We earn a commission if you apply through this link. This does not affect the price you pay or the terms you receive.
Apply for SecureEquity+ with Mutual of Omaha Reverse →
Discontinued: Equity Edge (Reverse Mortgage Funding)
Equity Edge is no longer being originated. Reverse Mortgage Funding LLC filed Chapter 11 on November 30, 2022 (U.S. Bankruptcy Court District of Delaware, case 22-11224 (RMF LLC, jointly administered under lead case 22-11225)) and stopped writing new loans. Existing Equity Edge loans were transferred to other servicers and remain in force under their original contractual terms, including the non-recourse clause. New borrowers cannot apply for the product. Pages on third-party aggregator sites that still list Equity Edge as an active jumbo program are out of date.
Estimatehow this number is calculatedHow to evaluate the three programs
The programs converge on the core parameters: $4M loan cap, age 55 (with state and program exceptions), no MIP, lump-sum or LOC payout, fixed-rate common. The differences live below the surface, in contract language and lender behavior. The factors a borrower compares in practice:
Rate quote on the exact draw structure
Published parameter sheets give rate ranges; a binding number requires a lender quote on the specific borrower's age, home value, and draw amount. The three programs will not quote the same rate for the same borrower; spreads of 50–100 basis points across the three are typical.
Re-appraisal and value-protection language
Each program handles mid-loan appraisal differently. Platinum Preserve's marketing emphasizes a value-preservation framing in declining markets; HomeSafe and SecureEquity+ have their own contract language. Read the specific clause before signing.
Non-borrowing spouse protection
HECM's eligible non-borrowing spouse rule (HUD ML 2015-15) does not transfer to jumbo. Each program handles a younger spouse on the title differently. A borrower with a younger spouse should require the lender to walk through the specific contract language.
Issuer solvency signal
All three contractual non-recourse clauses survive a lender bankruptcy (as Equity Edge holders saw when RMF filed Chapter 11), but the protection is functionally tied to the issuer. Parent-company financial strength is a relevant data point in a way it would not be on an FHA-insured HECM.
State availability
Not every program is offered in every state. The three lenders maintain disclosure pages with state-by-state availability; check the current list against the borrower's state before requesting a quote.
This site does not score or rank the programs against each other. A HUD-approved counselor can run quote scenarios across all three and produce a borrower-specific comparison.
Where to go next
- The HECM-vs-jumbo comparison lives at
/jumbo/jumbo-vs-hecm. - The pillar overview of jumbo reverse mortgages lives at
/jumbo. - The full per-program parameter cards live at
/programs/homesafe,/programs/platinum-preserve, and/programs/secureequity-plus. - HUD counseling resources are at
/guides/reverse-mortgage-counseling. - Full affiliate-link policy and FTC disclosure framework are at
/disclosures.
Sources
- HUD Mortgagee Letter 2025-22: 2026 FHA HECM lending limit ($1,249,125), effective Jan 1, 2026 (defines the threshold above which jumbo applies)
- Finance of America Reverse: HomeSafe published parameter sheet and state disclosure pages, NMLS #2285, last verified 2026-05-20
- Longbridge Financial: Platinum Preserve published parameter sheet and state disclosure pages, NMLS #957935, last verified 2026-05-20
- Mutual of Omaha Reverse: SecureEquity+ rate and parameter sheet and state disclosure pages, NMLS #1025894, last verified 2026-05-20
- Reverse Mortgage Funding LLC: Chapter 11 bankruptcy petition, U.S. Bankruptcy Court District of Delaware, case 22-11224 (RMF LLC, jointly administered under lead case 22-11225), filed Nov 30, 2022 (Equity Edge discontinuation)
- HUD Mortgagee Letter 2015-15: eligible non-borrowing spouse protections (HECM only; does not transfer to jumbo)
- 12 USC §1715z-20: statutory non-recourse protection for HECM borrowers (contextual; does not apply to jumbo, which carries contractual non-recourse instead)
- FTC 16 CFR Part 465: Guides Concerning the Use of Endorsements and Testimonials in Advertising (governs affiliate-link disclosure and ranking-as-endorsement framework)