Enjoy Retirement on
Your
Terms
Discover how a reverse mortgage can help you unlock the equity in your home for more financial freedom.
>> What Is a Reverse Mortgage?
A federally insured loan for homeowners 62+ that turns home equity into usable funds.
A reverse mortgage (officially a Home Equity Conversion Mortgage [HECM]) lets you access a portion of your home equity while you continue living in your home. There are no monthly mortgage payments required; you must maintain the property and stay current on property taxes, homeowners' insurance, and any HOA dues.
HECMs are insured by the Federal Housing Administration (FHA) and follow federal safeguards designed to protect borrowers and their heirs.
Who Qualifies?
- At least 62 years old
- Live in the home as your primary residence
- Have significant equity or own the home outright
- Keep the property in good condition
- Stay current on taxes, insurance, and HOA dues (if applicable)
Eligible Properties
- Single-family homes
- 2–4 unit properties (one unit owner-occupied)
- FHA-approved condominiums
Properties must meet FHA minimum property standards and additional program requirements.
Key Benefits
Stay in your home as long as it’s your primary residence
Flexible options: lump sum, monthly payments, line of credit, or a combo
You’ll never owe more than your home’s value (non-recourse)
Any remaining equity goes to you or your heirs
Use funds for virtually any purpose
frequently asked questions
Will I still own my home?
Yes, you remain on the title and keep ownership.
Will my heirs be stuck with debt?
No. It’s a non-recourse loan; you’ll never owe more than your home’s value.
Can I still qualify if I have a mortgage?
Yes, many borrowers use a reverse mortgage to pay off an existing loan.
Do I have to make monthly payments?
No monthly payments are required, just maintain the home and pay taxes and insurance.
What happens when I move or pass away?
The loan becomes due when the home is no longer your primary residence. You or your heirs can repay or sell the home.
How the Process works
We're Ready When You Are
Have 10 minutes? That’s enough for a first conversation. Bring your questions, I’ll bring straight answers.
About Renatta
Personable guidance. Clear answers. A smoother path to your next chapter.
I believe retirement should feel confident, not complicated. Whether you want to remove your monthly mortgage payment, set up a standby line of credit for flexibility, or fund home improvements, I’ll walk you through your options;
no pressure, just clarity.
“I had an excellent experience working with Luminate. They were professional, responsive, and made the entire process smooth and stress-free.”
Qaiser
“The whole Luminate team really pushed through when we needed to get things done on a timeline. I was really impressed!.”
Evan
“Luminate is knowledgeable, kind, quick to respond to any question we had and was a great partner in the process.”
Joan
