reverse mortgage
noun
: a mortgage that allows an elderly person to convert home equity into available funds through a line of credit, cash advance, or periodic disbursements to be repaid with interest usually when the borrower dies, moves, or sells the home
Examples of reverse mortgage in a Sentence
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And don't discount the potential benefits of a cash-out refinance or reverse mortgage, too, as these alternatives may ultimately prove to be a better fit for your budget and goals than a home equity loan or HELOC currently is.
—
Matt Richardson, CBS News, 12 May 2026
In 2025, 50% of reverse mortgage clients lived on less than 50% of area median income or AMI.
—Jeff Lazerson, Oc Register, 30 Apr. 2026
Learn about the advantages of reverse mortgages.
—Elliot Raphaelson, The Orlando Sentinel, 24 Apr. 2026
Homeowners 62 or older can consider a reverse mortgage.
—David McMillin, CNBC, 20 Apr. 2026
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Matt Richardson, CBS News, 12 May 2026
In 2025, 50% of reverse mortgage clients lived on less than 50% of area median income or AMI.
—Jeff Lazerson, Oc Register, 30 Apr. 2026
Learn about the advantages of reverse mortgages.
—Elliot Raphaelson, The Orlando Sentinel, 24 Apr. 2026
Homeowners 62 or older can consider a reverse mortgage.
—David McMillin, CNBC, 20 Apr. 2026
See All Example Sentences for reverse mortgage
Cite this Entry
“Reverse mortgage.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/reverse%20mortgage. Accessed 17 May. 2026.
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