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.

This March, especially, can be a smart time to consider a reverse mortgage. —

Matt Richardson, CBS News, 25 Feb. 2026 Longbridge Financial offers lower rates than its competitors and doesn’t charge a monthly fee, unlike other reverse mortgage lenders. —

Kelsey Neubauer, CNBC, 21 Feb. 2026 The lender needs to be informed anyway since reverse mortgages come due when the borrower dies, sells or permanently moves out. —

Liz Weston, San Diego Union-Tribune, 1 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 11 Mar. 2026.

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