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Introducing SecureEquity: A Smarter Way to Access Your Home's Value

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Refinance

Refinance Your Reverse Mortgage

Unlock More Equity. Secure Better Terms. Strengthen Your Retirement.

How Would I Refinance My Reverse Mortgage?

If you already have a reverse mortgage, refinancing could help you access more equity, secure better loan terms, or lower your interest rate. Mutual of Omaha Mortgage is here to guide you through the process and ensure your new loan aligns with your financial goals.

What are the benefits?

  • Lower Interest Rates – If interest rates have dropped since you first secured your reverse mortgage, refinancing may reduce your overall costs.
  • Increase Available Funds – Rising home values and higher FHA lending limits could mean more equity for you to access.
  • Move to a Fixed Rate – Lock in a stable, predictable interest rate for long-term peace of mind.
  • Enhance Retirement Cash Flow – More available equity means greater financial flexibility for living expenses, healthcare, or unexpected costs.
  • Add a Spouse to the Loan – If your spouse wasn't originally included in your reverse mortgage, refinancing may allow them to be added, providing long-term security.

What is the Process?

  1. 1
    Consultation & Loan Review – Speak with a reverse mortgage specialist to evaluate your current loan and explore refinancing options.
  2. 2
    Home Appraisal – An updated appraisal will determine your home's current value and how much additional equity you may qualify for.
  3. 3
    Loan Application & Financial Assessment – Submit an application and undergo a financial review to ensure you meet FHA guidelines.
  4. 4
    Choose Your Loan Terms – Select from available interest rates and loan options that best fit your needs.
  5. 5
    Close on Your New Loan – Finalize your refinance and access any newly available funds while maintaining the benefits of your reverse mortgage.

Is Refinancing Right for You?

If you're considering refinancing your reverse mortgage, our loan specialists can help you explore your options and determine if it's the right move for your financial future.

What's Changed in the Market?

  • Higher Home Values – With home prices increasing, homeowners may qualify for additional equity.
  • New FHA Lending Limits – The 2025 FHA limit now exceeds $1 million, offering more borrowing potential. *
  • Evolving Financial Needs – Your goals may have changed—refinancing helps align your loan with your current situation.
Learn More

*https://www.hud.gov/program_offices/housing/sfh/lender/origination/mortgage_limits