A Resolution Equity DBA
Reverse Option Mortgage
Helping California homeowners 55+ access their home equity — with no monthly mortgage payments required. Serving Temecula and all of California.
What is a Reverse Mortgage?
A reverse mortgage is a loan available to homeowners 55 years of age or older that allows them to convert part of their home equity into cash. Unlike a traditional mortgage, no monthly mortgage payments are required. The loan is repaid when the borrower sells the home, moves out permanently, or passes away.
Reverse mortgages can provide financial flexibility in retirement — supplementing Social Security, covering healthcare costs, eliminating an existing mortgage payment, or simply improving quality of life. Borrowers retain title to their home and must continue to pay property taxes, homeowner's insurance, and maintain the property.
Our Reverse Mortgage Products
HECM — Home Equity Conversion Mortgage
The most popular reverse mortgage product, insured by the FHA and regulated by HUD. Available to homeowners 62 and older. Borrowers can receive funds as a lump sum, monthly payments, a line of credit, or a combination. No monthly mortgage payments required as long as you live in the home.
- FHA-insured and federally regulated
- No monthly mortgage payments required
- Multiple disbursement options
- Non-recourse loan — you can never owe more than the home is worth
- HUD-approved counseling required
- Available for primary residences
HECM for Purchase
A HECM for Purchase allows homeowners 62+ to buy a new primary residence using a reverse mortgage. This eliminates monthly mortgage payments on the new home while allowing you to right-size your living situation — moving closer to family, downsizing, or finding a more accessible home.
- Purchase a new home with no monthly mortgage payment
- Down payment required (typically 45–65% of purchase price)
- Remaining balance covered by reverse mortgage
- No monthly principal or interest payments
- Must be primary residence
- HUD-approved counseling required
Proprietary Reverse Mortgages
Proprietary (jumbo) reverse mortgages are private loans not insured by the FHA. They are designed for homeowners with higher-value properties who want to access more equity than HECM limits allow. These products are available to borrowers as young as 55 in some programs.
- Higher loan limits than HECM
- Available for high-value California homes
- Some programs available at age 55+
- No FHA mortgage insurance premium
- Lump sum or line of credit options
- Condos and non-FHA-approved properties may qualify
Proprietary Reverse Second
A Proprietary Reverse Second is a private reverse mortgage that sits behind an existing traditional (forward) first lien mortgage. Like a standard proprietary reverse, it allows eligible homeowners 55+ to access their home equity — but proceeds must be taken as a lump sum payment. There is no credit line option. This product is ideal for homeowners who want to tap equity without disturbing their existing first mortgage.
- Available to homeowners 55+
- Sits behind an existing forward first lien mortgage
- Proceeds paid as a lump sum only
- No monthly mortgage payments required
- Available for qualifying California properties
Important Disclosures
Reverse Option Mortgage is a DBA of Resolution Equity. Resolution Equity is licensed by the California Department of Real Estate. DRE #02443787 | NMLS #2852331.
Resolution Equity is not affiliated with the U.S. Department of Housing and Urban Development (HUD), the Federal Housing Administration (FHA), or any other Federal Government Agency. HECM loan products are offered through FHA-approved lenders subject to program guidelines and eligibility requirements.
These materials are not from HUD or FHA and were not approved by HUD or a government agency.
Borrowers must continue to pay property taxes, homeowner's insurance, and maintain the property as their primary residence. Failure to meet these obligations may result in the loan becoming due and payable.
HUD-approved housing counseling is required before obtaining a HECM reverse mortgage. Contact a HUD-approved counselor at 1-800-569-4287 or visit hud.gov.
All loan products are subject to credit approval and property eligibility. Rates, terms, and availability may vary and are subject to change without notice. This is not a commitment to lend. Available in California only.
Ready to Learn More?
Our licensed reverse mortgage specialists are ready to answer your questions and help you understand your options — with no pressure and no obligation.