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

Recent Examples on the Web

Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.

The complaint alleges that Unison has violated Colorado’s consumer credit code, consumer protection act, mortgage lending requirements and reverse mortgage requirements. —

Judith Kohler, Denver Post, 10 Apr. 2026 This March, especially, can be a smart time to consider a reverse mortgage. —

Matt Richardson, CBS News, 25 Feb. 2026 Most reverse mortgage lenders also offer a proprietary jumbo reverse mortgage product for those aged 55 or older. —

Kelsey Neubauer, CNBC, 21 Feb. 2026 Absent better reverse mortgage options, this keeps retirees from spending a large share of their wealth, and means some are scrimping on their non-housing expenses. —

Allison Schrager, Twin Cities, 1 Feb. 2026 See All Example Sentences for reverse mortgage

Word History

First Known Use

1977, in the meaning defined above

Time Traveler

The first known use of reverse mortgage was in 1977

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Browse Nearby Words

reversement

reverse mortgage

reverse of the medal

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Cite this Entry

Style

“Reverse mortgage.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/reverse%20mortgage. Accessed 20 Apr. 2026.

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