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Access the hidden equity inside your home
A reverse mortgage lets homeowners 55+ convert part of their home equity into tax-free cash — without selling, without taking on a monthly mortgage payment, and without giving up the deed.
What our customers say
"I was nervous at first, but the team walked me through every step. I paid off my existing mortgage and now have a line of credit I can draw on whenever I need."
"Honestly the smoothest loan I've ever done. Closed in 24 days. No surprises, no fees I didn't expect."
"My husband passed last year and I was struggling with the mortgage. The reverse mortgage let me stay in our home with no monthly payment."
"Used the cash to help my grandkids with college and finally fix the roof. Wish I'd done it five years ago."
"They explained everything twice and never made me feel rushed. Felt like family."
Hear from Mrs. Jones
"And there's still going to be money left for my sons." — Mrs. Jones, Maryland homeowner
Here's how it works
Get your quote
60 seconds, no commitment. See how much cash you could access.
Talk to a specialist
A licensed reverse mortgage expert walks you through the numbers.
Close in 26 days
Sign and access your cash. Average closing in as few as 26 days.
Frequently asked questions
What is a reverse mortgage?
A reverse mortgage is a loan for homeowners 55+ that converts part of your home equity into tax-free cash. You keep the title, you keep the home, and you don't make monthly mortgage payments. The loan is repaid when you sell, move, or pass away.
Who qualifies?
You must be 55 or older (62 in some states), live in the home as your primary residence, have sufficient equity, and complete a brief HUD counseling session. We'll guide you through each step.
Do I still own my home?
Yes — you keep the title and the deed. The lender places a lien, just like a traditional mortgage. You're responsible for property taxes, insurance, and basic upkeep.
What happens if I sell or move?
The loan becomes due. You (or your heirs) can sell the home, pay off the balance, and keep any remaining equity. Heirs can also choose to refinance or keep the home.
Why choose South River Mortgage?
We're the 4th largest reverse mortgage lender in the US, with an average closing time of 26 days. FHA-approved, BBB A+ accredited, licensed in 40+ states.
How much cash can I access?
Typically 30%–60% of your home's appraised value, depending on your age, home value, and current mortgage balance. Our instant quote gives you an estimate in 60 seconds.
Is the cash taxable?
No — reverse mortgage proceeds are loan advances, not income. They're tax-free. (Consult your tax advisor about your specific situation.)
Will this affect my Social Security or Medicare?
Reverse mortgage proceeds generally don't affect Social Security or Medicare. They may affect needs-based programs like Medicaid. We recommend speaking with a benefits counselor.
Do I still pay property taxes?
Yes — you remain responsible for property taxes, homeowner's insurance, and basic upkeep. These are borrower obligations under the reverse mortgage program.
Are reverse mortgage proceeds tax-deductible interest?
Interest accrued on a reverse mortgage is generally deductible when the loan is repaid. Consult your tax advisor.
What property types qualify?
Single-family homes, 2–4 unit properties (if you live in one unit), FHA-approved condos, and manufactured homes meeting FHA standards.
Can I use a reverse mortgage to buy a home?
Yes — the Home for Life (H4P) program lets you purchase a new home with a reverse mortgage. No monthly mortgage payment on the new home.
Do you offer referral bonuses?
Yes. Many of our happiest customers refer friends and family. Ask your specialist about our referral program.
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