Mutual of Omaha Mortgage has expanded the availability of its new proprietary reverse mortgage solution

OMAHA, Neb — Mutual of Omaha Mortgage has expanded the availability of its new proprietary reverse mortgage solution, SecureEquity+, to 12 additional states.

Designed to meet the evolving needs of today’s homeowners through greater financial flexibility and earlier access to more home equity, SecureEquity+ is now available in 14 states: Arizona, California, Colorado, Connecticut, Florida, Hawaii, Idaho, North Carolina, New Jersey, Nevada, South Carolina, Texas, Utah and Washington (fixed rate only).

SecureEquity+ is the first proprietary reverse mortgage product from Mutual of Omaha Mortgage, offering loan amounts up to $4 million, with both adjustable and fixed-rate options. The product is designed for borrowers aged 55+ in most states, expanding access beyond the traditional reverse mortgage market. Some states have a higher minimum age than 55.

SecureEquity+ allows eligible homeowners to convert a portion of their home equity into cash without monthly mortgage payments, while retaining full ownership of their home. Borrowers must occupy their home as primary residence and continue to meet standard obligations such as property taxes, insurance, HOA fees and costs of home maintenance.

“SecureEquity+ represents a significant milestone in Mutual of Omaha Mortgage’s ongoing commitment to empowering older homeowners with innovative financial solutions,” said Alex Pistone, president of Mutual of Omaha Mortgage’s reverse division. “We’re proud to lead the reverse mortgage industry with a product that delivers greater flexibility, broader access and more opportunity, helping older Americans take control of their financial future with confidence.”

For more information about the new product, visit www.secureequity.com

About Mutual of Omaha Mortgage

A subsidiary of Mutual of Omaha, Mutual of Omaha Mortgage offers a variety of home financing and refinancing options as well as industry-leading reverse mortgage products to help its customers through life’s transitions. For more information about Mutual of Omaha Mortgage, visit www.mutualreverse.com

About Mutual of Omaha

Founded in 1909, Mutual of Omaha is a highly rated, Fortune 500 organization offering a variety of insurance and financial products for individuals, businesses and groups throughout the United States. Mutual of Omaha is owned by its policyholders and committed to providing outstanding service to its customers. For more information about Mutual of Omaha, visit www.mutualofomaha.com.

Verified Reviews

(233)

Larry Was Always Available and Patient Larry was always available, patient, knowledgeable, no problem talking to my children and answering their questions, explained and provided me with enough information that made me feel secure in my decision to have him handle my reverse mortgage. .

Susan G — May 11, 2023

We Enjoyed Working with Larry Larry is very knowledgeable and answered all of our questions and explained very thoroughly how the reverse mortgage program we were interested in worked and he guided us so that the process of applying went very smoothly. Plus, he's just a great guy & we enjoyed working with him. .

David & Abbi W — Mar 10, 2023

Larry Was Outstanding Larry was outstanding. This is our fourth reverse mortgage and the best yet. Larry kept in contact and helped throughout the whole process. I could not be more pleased. .

Bob & Carol H — May 17, 2023

Read More Reviews