Minimum age 55+
Significantly lower than the age 62 required by FHA.
Reverse Mortgage 55+
You built the equity.
Access it without monthly payments.
For eligible homeowners 55+, we structure solutions that unlock home equity without required monthly mortgage payments.
Start your application↗01A modern approach
This is not the reverse mortgage
you have seen on television.
The FHA-insured HECM most people know has fixed loan limits, a minimum age of 62, and significant upfront mortgage insurance costs. CapitalSource specializes in proprietary jumbo reverse mortgage programs: non-FHA products that start at age 55, carry no mortgage insurance premiums, and offer structures you will not find at a bank.
A reverse mortgage allows eligible homeowners to convert a portion of their home equity into proceeds without selling the property and without a required monthly mortgage payment. The loan balance accrues over time and is typically repaid when the borrower moves, sells, or passes away. The home remains yours and you remain on title.
Product structure03
- 01Home equity
- 02Proprietary jumbo reverse
- 03Flexible proceeds
CAPITALSOURCE↗
02Qualification paths
Proprietary programs beyond what banks offer
CapitalSource accesses proprietary jumbo reverse mortgage programs that conventional lenders and most brokerages do not carry.
03The advantage
For homeowners 55+ with high-value properties
Designed for homeowners seeking access to equity beyond standard HECM limits.
Loan amounts up to $4 million
For properties where standard HECM limits are not sufficient.
No mortgage insurance premiums
Removes a significant cost of the FHA program.
Broader property eligibility
Including condominiums that may not be eligible for FHA financing.
Equity preservation option
Access funds now while reserving equity for heirs.
04Second-lien reverse
A second-lien reverse that keeps your first mortgage intact
A second-lien reverse mortgage sits behind an existing first mortgage, leaving it completely untouched. The borrower keeps the current rate and converts equity into proceeds through the second lien, with no required monthly payment on the second lien.
- Keeps the existing first mortgage rate intact
- No required monthly payment on the second lien
- Available to eligible homeowners 55+
- Non-recourse: borrower and heirs never owe more than the home is worth
05The right borrower
The borrower who benefits most
Homeowner 55+ with significant equity in a high-value property
Locked into a low first mortgage rate and unwilling to refinance
Fixed or limited income; traditional income documentation may not be required
Wants to remain in the home long-term without a monthly payment obligation
Seeking liquidity without liquidating investment or retirement accounts
Self-employed or non-traditional income declined for a HELOC or cash-out
06FAQ
Frequently asked questions
What is a reverse mortgage and who is it for?+
A reverse mortgage allows eligible homeowners to access home equity without required monthly mortgage payments. The loan is repaid when the borrower sells, moves out, or passes away. Proprietary jumbo programs are available for borrowers as young as 55 with high-value properties; FHA-insured HECMs are available at 62.
What is the minimum equity I need to qualify?+
Most programs lend up to 70-80% of the appraised value depending on the product and loan type. HELOC and cash-out programs generally require at least 20-30% equity remaining after the new loan. Reverse mortgage programs use different LTV structures.
How long does the process take?+
Most non-QM loans close in 14-21 days from a complete application. Reverse mortgages typically take 30-45 days due to required counseling and additional processing steps.
Does starting a review affect my credit score?+
No. The initial review is a soft pull and does not impact your credit score. A hard inquiry only occurs when you formally apply and authorize a full credit report.
The next stepReady to see
Ready to see
what you qualify for?
Tell us about your situation. We will identify the right structure and qualification path, and give you a clear picture of what is possible.
Start your application↗