7 Best Reverse Mortgage Lenders in 2026
Equifax defines reverse mortgages as “a type of loan that allows homeowners aged 62 and older to borrow money against the equity in their home.” Simply put, it allows you to exchange your home equity for a steady stream of tax-free income! Before you take out a reverse mortgage, you have to find a lender first. Fortunately, we’ve done the hard part for you and found the 7 best reverse mortgage lenders in the business right now!
All Reverse Mortgage
This Better Business Bureau Torch Ethics Awards finalist is ready to work with you! All Reverse Mortgage has tons of options and one of the lowest interest rates of any HECM lender. Their site even has a FREE reverse mortgage calculator and a reverse mortgage counseling locator.
Pros:
- An A+ rating from the Better Business Bureau
- Lower interest rates
- Veteran-led organization
Cons:
- Not available in all states
American Advisors Group (AAG)
Since 2004, American Advisors Group has been helping seniors secure reverse mortgages. This National Reverse Mortgage Lenders Association member has several physical offices across several states. Of course, an online calculator and one-of-a-kind customer service experience are also available on their site!
Pros:
- Nationwide availability
- 97% customer satisfaction rate
- Quick turnaround time
Cons:
- Servicing fees associated with administrative tasks can add up quickly
Fairway Independent Mortgage
If you’re looking for convenience, Fairway Independent Mortgage might be the best choice for you. With mortgage calculators and remote loan servicing, their website and mobile app make it easy to get the reverse mortgage you deserve!
Pros:
- Multiple physical locations across most states, except Alaska and West Virginia
- Great customer service
Cons:
- May charge servicing fees
Finance of America Reverse
The sixth largest lender by volume alone, Finance of America Reverse boasts nationwide availability with offices in numerous locations. Their FAR Educators will guide you through your reverse mortgage, step by step. All you need to do is visit their website, submit a contact request, and let the experts handle the rest.
Pros:
- Available in all states
Cons:
- May charge servicing fees
- Loan application cannot be completed entirely online or over the phone
Liberty Reverse Mortage
Liberty Reverse Mortgage sets itself apart from other reverse mortgage companies by offering a Liberty Iron Clad Guarantee. If you find a better rate with another reverse mortgage provider, they’ll match their price…or provide a FREE $100 gift card if they can’t. Also, if they can’t close your loan in 60 days or less, they’ll offer $500 account credits!
Pros:
- Available in every state but Utah
- Competitive price matching
- A+ rating from the BBB
Cons:
- May not have physical locations in every state
Longbridge Financial
Much like Liberty Reverse Mortgage, Longbridge Financial offers a variety of perks and guarantees. They boast free identity theft protection and quick closing times: 45 days or less. Plus, this lender is in good standing with the National Reverse Mortgage Lenders Association!
Pros:
- No monthly servicing fees
- Free identity theft protection
- Quick closing process
Cons:
- May be unavailable in some states
Mutual of Omaha Mortgage
Mutual of Omaha Mortgage is a great option for many older adults. Loans can be completed over the phone or on their website. They also offer several flexible repayment plans, 24/7 customer service, and a free reverse mortgage calculator.
Pros:
- Free reverse mortgage guide available on website
- 24/7 availability
Cons:
- Charges monthly servicing fees
- Only available in 48 states
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Originally published December 31, 2025
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