Proprietary HomeSafe® Reverse Mortgages

Proprietary HomeSafe® Reverse Mortgages

Jumbo HomeSafe Program

Proprietary HomeSafe® Reverse Mortgages

Proprietary HomeSafe® reverse mortgages are a loan program through Finance of America Reverse that is not FHA-insured. These loans are not bound by county lending limits or standard FHA requirements; they have their own set of qualifications that differ from the FHA-insured HECM program. They do have some of the same features as a standard HECM as they are a negatively amortizing, non-recourse loan with no required monthly mortgage payments. We specialize in the HomeSafe® suite of products available in Oregon, California, Washington, and Idaho. If you live in or are considering moving to one of these states, reach out to us today for a custom snapshot of your options. Rates can change weekly so it’s important to stay on top of your eligibility and benefit amount.

Proprietary HomeSafe® reverse mortgages were created to meet the needs of clients who are aged 55+ and want to purchase or refinance a property that:

- Is valued more than the FHA county lending limit

-Needs a loan amount of up to 4 million

-Is not FHA eligible

HomeSafe® can be used to refinance or purchase a higher-value home without the mortgage insurance of a traditional HECM.

  • All borrowers must be at least 55 years old, 60 for some states/products.
  • Gain access to more equity on high-value properties
  • No mortgage insurance required
  • No capital gains tax*
  • Access all of your loan proceeds in one lump sum OR a line of credit in some states

Announcing the new HomeSafe® Second Proprietary loan from Finance of America Reverse!

This new reverse mortgage is unlike any other! The proprietary HomeSafe® Second can be used to access equity in your home without having to pay off your first mortgage! So, instead of taking a traditional HELOC or getting a credit card, homeowners aged 55+ can now consider this option for their extra cash. We only offer the proprietary HomeSafe® Second in California for now. Learn more about the proprietary HomeSafe® Second on our website here.

Wondering how much you may qualify for or if this program is a good fit for you? Call us today at 503-427-1667 or Click Here to fill out our website form.

Other Information:

Restrictions, terms, and conditions apply. We offer the HomeSafe® Proprietary Program in Oregon, Washington, Idaho, and California.

The HomeSafe® is Finance of America Reverse’s proprietary loan program, and it is not affiliated with the Home Equity Conversion Mortgage (HECM) loan program, which is insured by FHA. HomeSafe® is available to qualified borrowers who may also be eligible for FHA’s HECM program or are seeking loan proceeds that are higher than FHA’s HECM program limit. HomeSafe® is available only for eligible properties in select states. Please contact us to see if it is currently available in your state. Visit for more details and additional disclosures.

*Capital gains taxes are only due upon a sale. A Jumbo Reverse Mortgage is a loan, secured by a mortgage on your home, and does not require the sale of the home. The proceeds of a loan are not taxable as income.

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© 2019 Northwest Reverse Mortgage, LLC NMLS #1834787

Licensed in Oregon, Washington, California and Idaho

Office: (800) 806-1472
Toll Free: (800) 806-1472
Fax: (541) 253-4370

Central/Southern Oregon Contact:


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Contact Us

Northwest Reverse Mortgage
10121 SE Sunnyside Rd
Ste 300
Clackamas, OR 97015
Phone: (503) 427-1667

Gresham Area

Northwest Reverse Mortgage, LLC. ML- 5797/ CL-1834787/ DFPI# 60DBO-140333. Equal Opportunity Mortgage Broker licensed in Oregon, Washington, Idaho and California. Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act. Credit on approval. Terms subject to change without notice. Not a commitment to lend. Contents not provided by, or approved by FHA, HUD or any other government agency. All potential tax benefits should be verified with a professional licensed tax advisor. NMLS Consumer Access

At the conclusion of a reverse mortgage, the borrower must repay the loan and may have to sell the home or repay the loan from other proceeds; charges will be assessed with the loan, including an origination fee, closing costs, mortgage insurance premiums and servicing fees; the loan balance grows over time and interest is charged on the outstanding balance; the borrower remains responsible for property taxes, hazard insurance and home maintenance, and failure to pay these amounts may result in the loss of the home; interest on a reverse mortgage is not tax deductible until the borrower makes partial or full re-payment.