Reverse Mortgage Loans

A financing option for eligible homeowners age 62 or older to convert a portion of home equity into available funds.

What Is a Reverse Mortgage?

A reverse mortgage is a loan designed for homeowners who are 62 years of age or older. It allows you to convert a portion of your home’s equity into available funds while continuing to live in your home.



Unlike traditional mortgages, reverse mortgages do not require a monthly mortgage payment. Repayment is typically due when the home is sold, the borrower moves out, or the loan terms are otherwise satisfied.

Who This Loan Is Best For

Qualification Overview

Approval depends on:

Age eligibility

Property type and occupancy

Home equity position

Additional requirements may apply. Our team reviews your situation and outlines the next steps clearly.

Key Highlights

Why Work With Cody Financial

We provide straightforward explanations of reverse mortgage options and ensure you understand responsibilities, timelines, and repayment conditions before moving forward.

Interested in learning whether a reverse mortgage is right for you?

Loan programs, rates, terms, and qualification requirements are subject to change and borrower approval.