Get matched with a reputable, low cost lender in your area that's ready to serve you. We take the guess work out of understanding your options and receiving your quote.

Here at Definition of Equity we have the best interests of each homeowner in mind. With your reverse mortgage quote you'll receive a thorough understanding of your eligibity for a reverse mortgage, and your options for turning your home equity into cash, monthly income and / or a line of credit. 

What is a Reverse Mortgage?

A reverse mortgage is just how it sounds. Instead of making mortgage payments, you can receive them. Or choose to receive your reverse mortgage as a lump sum or line of credit; or a combination of any of those. A reverse mortgage converts the equity in your home into tax free cash.

With a reverse mortgage you maintain the title of your home and you are not selling the home or taking on another mortgage.

You can use the proceeds for a reverse mortgage for anything you'd like.