Reverse mortgage lenders: five programs compared in 2026

This page covers five reverse mortgage programs offered to U.S. borrowers in 2026. Two are HECM programs (AAG, now part of Finance of America Reverse; and Longbridge Financial); other lenders, Mutual of Omaha Mortgage among them, also originate HECMs (Mutual of Omaha Mortgage, home page). Three are jumbo / proprietary (HomeSafe by Finance of America, Longbridge Platinum by Longbridge, and SecureEquity by Mutual of Omaha Mortgage). Each program is summarized below as a parameter card with its issuing lender, NMLS number, and the published source line we verify against. The cards are ordered alphabetically by program slug. This is not a ranking, and there is no paid placement on this page.

How does this list work?

A parameter card pulls the figures a borrower needs at the lender-selection stage: minimum age, value or loan cap, payout modes, interest-rate type, and the published source the figures come from. Each card carries a last-verified date for that source: HUD's HECM rules for the HECM cards and the lender's own product page for the jumbo cards, not a third-party aggregator.

The cards do not carry star ratings, editor's picks, fit-for-X labels, or any other ordering signal. The grid renders in alphabetical order by program slug at the component level. We made this choice for two reasons. The first is FTC: ordering a list of affiliate-linked products by anything other than a published, defensible attribute creates a ranking, and a ranking is treated as an endorsement under the 2024 amendments to the Endorsement Guides (16 CFR Part 255). The second is structural: the right product for a given borrower depends on home value, age, state, and payout preference. A single ranked list cannot honor any of those inputs.

To narrow the field, run the figures in the calculator for a HECM estimate or use the bounded-range jumbo mode in the H4P calculator, then take both results into a counseling session.

The programs

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What's not on this list, and why

A few items that appear on competing pages are absent from ours.

Equity Elite is not listed. Reverse Mortgage Funding, which offered Equity Elite since 2018, paused all new loans and filed Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware on November 30, 2022 (case 22-11224 (RMF LLC, jointly administered under lead case 22-11225); RMF first-day declaration). Aggregator pages that still list it as a current jumbo program are out of date.

MediaAlpha and Datalot routes are not on this site. Those are paid-lead marketplaces that sell consumer contact information to multiple buyers, often with re-marketing rights that exceed what the consumer expects. They sit outside the affiliate framework we use, which routes to a single lender or a single qualified-call partner per click. Our affiliate paths are LendingTree (lender marketplace), FlexOffers (network), and direct pay-per-call partners. Each is named on the disclosures page.

There is no "top reverse mortgage lender" or "best of 2026" award. We do not run editor's-pick lists, ranked lists, or sponsored placements. Every page that contains an affiliate link displays the banner at the top of this page; every below-the-fold link carries an inline per-link disclosure.

How to read these cards before you apply

Three figures on each card do the heavy lifting at the lender-selection stage.

Minimum age screens whether you can apply at all. HECM is 62 federally (HUD Handbook 4000.1, II.B.1). Jumbo programs can admit borrowers as young as 55 in some states, and each lender sets its own state rules (each lender's product page). A 58-year-old with a $1.4M home has no HECM option at any home value and should ask each jumbo lender whether it lends at that age in that state; a 64-year-old with a $700K home is under the HECM limit, so a jumbo's higher loan cap does not help.

Max loan cap screens whether the program leaves equity on the table. A HECM treats any appraised value above $1,249,125 as if it were $1,249,125. A $1.8M home inside HECM and a $1.8M home inside HomeSafe will produce materially different draw amounts. The calculator and the H4P calculator run both.

The source line names the published source we verify against and the date we last checked it. If a number on a card disagrees with what a lender quotes you in writing, the lender's written quote governs; please email the address on the disclosures page so we can re-verify.

Two adjacent pages

If you are working a high-value-home scenario specifically, the jumbo overview walks through HECM vs. jumbo decision-making with the full comparison table at the center. If you are at the counseling-or-quote stage, the reverse mortgage counseling guide covers what a HUD-approved counseling session does and does not do.