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★ Independent · Data-Driven · Updated 2026

The Top 10 Reverse Mortgage
Companies of 2026

We aggregated thousands of verified borrower reviews, BBB accreditation records, J.D. Power satisfaction scores, complaint histories, and state availability to rank the most trusted reverse mortgage lenders in America — no paid placement, no sponsored spots.

Last reviewed May 2026 · Rankings reflect publicly available review & regulatory data, not lender compensation.

Each lender below offers FHA-insured Home Equity Conversion Mortgages (HECMs); several also offer proprietary "jumbo" reverse mortgages for higher-value homes. Rankings weigh reputation, reach, product range, and borrower experience.

1Rank
★ Best Overall

Finance of America Reverse (FAR)

Best for Jumbo & Product Range
★★★★★4.8aggregate of reviews & ratings

The largest reverse mortgage lender in the country and the pioneer behind the HomeSafe® proprietary jumbo line (up to ~$4M). FAR acquired American Advisors Group (AAG) in 2023, consolidating decades of reverse experience under one roof. Widely regarded as the most innovative option in the space.

NMLS #2285Licensed nationwideHECM + Jumbo to $4MAcquired AAG (2023)
  • Widest selection of loan products
  • Industry-leading jumbo program
  • Experienced specialists
  • Strong brand & longevity
Editor Score
4.8/5
Visit Site Read Review
2Rank

Mutual of Omaha Mortgage

Best for Brand Trust
★★★★★4.8aggregate of reviews & ratings

A household name in insurance and financial services for over a century, Mutual of Omaha brings instant credibility to a category where trust matters most. It charges no monthly service fees on its HECMs and has dozens of branches nationwide.

Available in 48 statesNo HECM service feesNationwide branchesCentury-old brand
  • Trusted, recognizable name
  • No monthly servicing fees
  • Local, in-person service
  • Strong financial backing
Editor Score
4.8/5
Visit Site Read Review
3Rank

Longbridge Financial

Best for Nationwide Reach
★★★★★4.7aggregate of reviews & ratings

Lends in all 50 states plus Washington, D.C. Longbridge's Platinum Preserve product lets borrowers reserve 10–40% of equity for the future at a fixed rate, and it recently launched a senior-focused HELOC with funding in as little as five days.

NMLS #957935All 50 states + DCPlatinum PreserveSenior HELOC
  • Truly nationwide availability
  • Innovative equity-reserve option
  • Fast HELOC alternative
  • Jumbo options to $4M
Editor Score
4.7/5
Visit Site Read Review
4Rank

Fairway Independent Mortgage

Best for Fast Closing
★★★★★4.7aggregate of reviews & ratings

Fairway advertises closings in as little as 15–17 days — remarkably fast for this category — and runs a dedicated HECM for Purchase team for seniors buying a new home. Hundreds of branches mean face-to-face service is usually within reach.

NMLS #2289All 50 states~15–17 day closingsHECM for Purchase
  • Fastest closings in the sector
  • Dedicated purchase specialists
  • Large branch footprint
  • High satisfaction marks
Editor Score
4.7/5
Visit Site Read Review
5Rank

Guild Mortgage

Best Customer Satisfaction
★★★★★4.6aggregate of reviews & ratings

Guild consistently ranks among the top lenders for customer satisfaction in J.D. Power's mortgage servicing studies and holds an A+ from the BBB. It offers HECMs, jumbo reverse mortgages, and reverse mortgage refinancing under one roof.

A+ BBBTop J.D. Power servicingReverse refinanceHECM + Jumbo
  • Award-winning service
  • A+ BBB accreditation
  • Refinance options
  • Established servicer
Editor Score
4.6/5
Visit Site Read Review
6Rank

GoodLife Home Loans

Best Review Scores
★★★★★4.9aggregate of reviews & ratings

A reverse-mortgage specialist with near-perfect borrower reviews — an A+ BBB rating with zero complaints and roughly 97% five-star scores across 400+ Trustpilot reviews. The one catch: availability is limited to around 38 states, which keeps it from the very top.

A+ BBB · 0 complaints~97% 5-star~38 states onlyReverse specialist
  • Outstanding review scores
  • Zero BBB complaints
  • Patient, attentive reps
  • Focused expertise
Editor Score
4.9/5
Visit Site Read Review
7Rank

HighTechLending (American Senior)

Best for Transparency
★★★★★4.7aggregate of reviews & ratings

An A+ BBB lender with one of the strongest reputations for accurate quotes and clear explanations — roughly 99% positive feedback and a very low complaint count. Borrowers frequently cite fast service and straightforward communication.

A+ BBB~99% positiveLow complaintsClear quoting
  • Highly transparent quotes
  • Fast, responsive service
  • Strong positive feedback
  • Clear communication
Editor Score
4.7/5
Visit Site Read Review
8Rank

New American Funding

Best Large-Lender Option
★★★★½4.5aggregate of reviews & ratings

A large, well-capitalized lender with an A+ BBB rating and roughly 94% positive reviews. Reverse mortgages are one part of a broad product menu, which can be convenient for borrowers who want a full-service lender.

A+ BBB~94% positiveFull-service lenderWide availability
  • Large, stable institution
  • A+ BBB rating
  • Broad product menu
  • Nationwide footprint
Editor Score
4.5/5
Visit Site Read Review
9Rank

Liberty Reverse Mortgage

Established Name
★★★★½4.3aggregate of reviews & ratings

One of the longest-standing dedicated reverse mortgage brands in the country, now part of a larger servicing organization. A solid, middle-of-the-pack option with broad availability and a long operating history.

Long track recordReverse specialistBroad availabilityHECM focus
  • Decades of experience
  • Reverse-only focus
  • Wide reach
  • Recognizable brand
Editor Score
4.3/5
Visit Site Read Review
10Rank

Open Mortgage

Personalized Service
★★★★½4.2aggregate of reviews & ratings

A relationship-focused lender offering both forward and reverse products, with a reputation for hands-on guidance. A good fit for borrowers who value a single dedicated point of contact through the process.

HECM + forwardRelationship modelDedicated officersCounseling-first
  • Personalized guidance
  • Single point of contact
  • Education-focused
  • Flexible products
Editor Score
4.2/5
Visit Site Read Review
Side by Side

Quick comparison of all 10 lenders

A snapshot of how the top reverse mortgage companies stack up on the factors that matter most. Scroll horizontally on smaller screens.

LenderBest ForRatingAvailabilityJumbo?Standout
1. Finance of America ReverseOverall & jumbo★★★★★ 4.8NationwideYes (to $4M)HomeSafe® product line
2. Mutual of OmahaBrand trust★★★★★ 4.848 statesYesNo HECM service fees
3. Longbridge FinancialNationwide reach★★★★★ 4.750 states + DCYes (to $4M)Platinum Preserve
4. Fairway IndependentFast closing★★★★★ 4.750 statesYes~15–17 day closings
5. Guild MortgageSatisfaction★★★★★ 4.6WideYesReverse refinance
6. GoodLife Home LoansReview scores★★★★★ 4.9~38 statesLimited0 BBB complaints
7. HighTechLendingTransparency★★★★★ 4.7WideLimited~99% positive reviews
8. New American FundingLarge lender★★★★½ 4.5WideYesFull-service menu
9. Liberty ReverseTrack record★★★★½ 4.3WideLimitedReverse specialist
10. Open MortgagePersonal service★★★★½ 4.2WideLimitedDedicated officers
The Basics

How a reverse mortgage works

A reverse mortgage lets homeowners aged 62+ convert part of their home equity into cash — without monthly mortgage payments. Most are FHA-insured Home Equity Conversion Mortgages (HECMs).

You keep your home

You retain title and continue living in your home. The loan is repaid when you sell, move out permanently, or pass away.

No monthly payments

Unlike a traditional mortgage, you don't make monthly principal-and-interest payments. You must still cover taxes, insurance, and upkeep.

Flexible payouts

Receive funds as a lump sum, monthly payments, a growing line of credit, or a combination — whatever fits your retirement plan.

Counseling required

Before closing a HECM, you must complete independent counseling with a HUD-approved agency to ensure you understand the terms.

Potential benefits

  • Supplement retirement income while aging in place
  • Eliminate an existing monthly mortgage payment
  • Line-of-credit option that can grow over time
  • FHA insurance and non-recourse protection on HECMs
  • Generally tax-free loan proceeds (consult a tax advisor)

Important trade-offs

  • Upfront and ongoing costs, including mortgage insurance
  • Loan balance grows over time as interest accrues
  • Reduces equity left to heirs
  • You must keep up taxes, insurance, and maintenance
  • Moving out long-term can trigger repayment
Common Questions

Reverse mortgage FAQ

Who qualifies for a reverse mortgage?+
For a HECM, you generally must be at least 62 years old, own your home outright or have substantial equity, live in the home as your primary residence, and stay current on property taxes, homeowner's insurance, and maintenance. Some proprietary jumbo programs accept borrowers as young as 55.
How much can I borrow in 2026?+
The amount depends on your age, your home's appraised value, and current interest rates. For FHA-insured HECMs, the 2026 maximum claim amount is $1,249,125 nationwide — lenders use the lesser of your appraised value or this limit. Homes worth more may benefit from a proprietary jumbo reverse mortgage, which some lenders offer up to roughly $4 million.
Do I still own my home?+
Yes. You keep the title and continue to live in your home. The lender places a lien against the property, similar to any mortgage, but you remain the owner. The loan becomes due only when the last borrower sells, moves out permanently, or passes away.
What happens to my heirs?+
When the loan comes due, your heirs can repay the balance and keep the home, sell it and keep any remaining equity, or hand the home to the lender. Because HECMs are non-recourse, neither you nor your heirs will owe more than the home's value at the time of sale.
Are reverse mortgage proceeds taxable?+
Loan proceeds are generally not considered taxable income because they're a loan, not earnings. However, individual situations vary — always confirm with a qualified tax advisor and consider how proceeds might affect needs-based benefits.
How do I choose the right lender?+
Compare more than the interest rate. Look at total costs (ask for the TALC — Total Annual Loan Cost), state availability, product range, BBB accreditation, complaint history, and reviews. Get quotes from at least two or three lenders on our list, and complete your required HUD counseling before committing.
Our Methodology

How we built these rankings

Our editorial team scored each lender across multiple weighted categories using publicly available data. We do not accept payment for placement, and rankings are reviewed and refreshed regularly.

25%

Customer Reviews

Verified borrower ratings across BBB, Google, and Trustpilot, with duplicate and suspicious feedback filtered out.

20%

Reputation & Accreditation

BBB rating and accreditation, J.D. Power satisfaction results, and overall standing in the industry.

20%

Complaint History

Volume and severity of complaints, regulatory actions, and lawsuits relative to loan volume.

15%

Availability

How many states the lender serves and how accessible its products are nationwide.

10%

Product Range

Breadth of options: HECM, HECM for Purchase, refinance, and proprietary jumbo reverse mortgages.

10%

Experience & Stability

Years in the reverse mortgage business and the financial strength behind the lender.

Ready to compare your options?

A reverse mortgage is a major financial decision. Start by getting quotes from a few top-rated lenders and completing your free HUD-approved counseling session.

Compare Top Lenders