: 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
variants
or reverse mortgage
: a loan against home equity that provides an annuity to the homeowner and is repayable at the time the home is sold
Examples of reverse mortgage in a Sentence
Recent Examples on the Web
Kelsey Neubauer,
CNBC,
17 June 2026
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
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
Other clients may consider using a reverse mortgage to supplement their retirement income, again maintaining their investment account.
—
Leo Anzoleaga,
Forbes.com,
18 Mar. 2026
See All Example Sentences for reverse mortgage
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Noun
Guild Mortgage is a great choice for reverse mortgage borrowers seeking a lender with extensive experience in financing various types of home loans and a record of excellent customer service.
—
Kelsey Neubauer,
CNBC,
17 June 2026
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
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
Other clients may consider using a reverse mortgage to supplement their retirement income, again maintaining their investment account.
—
Leo Anzoleaga,
Forbes.com,
18 Mar. 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 27 Jun. 2026.
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