440 E Broadway 140,

Eugene, OR 97401

Retirement just got better: tap into your home's equity with a Mann Mortgage Reverse Mortgage.

Quite possibly the most powerful & useful loan program in the world, Reverse Mortgages allow you to use your home equity as YOU see fit - while still owning it.

What are reverse mortgages?

Reverse loans, also known as Home Equity Conversion Mortgages (HECMs), are a financial tool designed for homeowners aged 62 and older to tap into their home equity without having to sell their property. With a reverse loan, homeowners can convert a portion of their home equity into cash, a line of credit, or a monthly income stream. Reverse loans offer several benefits, including providing additional income in retirement, paying off existing debts, or financing home renovations. Ideal candidates for reverse loans are those who have a significant amount of equity in their homes, minimal mortgage debt, and are looking to supplement their retirement income.
Elderly man and woman drinking from mugs and looking at phone.

Not sure where to get started? That's okay too, we're happy to meet you where you're at and direct you to the right place or person.

Reverse Mortgages at a glance.

  • Our reverse loans are insured by the Federal Housing Administration (FHA), which provides additional protection to you as our borrowers.
  • Many seniors face significant healthcare expenses that are not covered by Medicare. Our reverse loan can help pay for these expenses without the need to dip into retirement savings or sell assets.
  • Our Eugene branch serves towns including Coburg, Malabon, and Deerhorn.

Applying for a home has

never been easier

Our quick and secure process takes less than 10 minutes to apply.

Learn more about

reverse mortgages

To qualify for a reverse loan, you must be at least 62 years old and own your home outright or have a significant amount of equity in it. Your home must also be your primary residence. Your credit score and income are not typically taken into account.
You can receive the money from a reverse loan in several ways, including as a lump sum, monthly payments, or as a line of credit. The method of payment will depend on the terms of the loan.
Upfront, borrowers will pay an origination fee, closing costs, and an FHA MI fee of 2% of the home’s appraised value. Ongoing costs include an annual FHA MI of 0.5% of the outstanding loan balance. When the loan is due, the principal and interest are collected.

“I was initially apprehensive about Reverse Mortgages, but my banker recommended that I contact Mann Mortgage to discuss. We were glad we did. Our loan officer took us through the entire process, answered my numerous questions, and assured us that this product would meet our specific needs.”

Michael S.

Let's get you home.

0% down financing for homeowners 62 years and older. Our local loan experts will help guide you.

If you have a loan officer you are working with, please select them from the list below.