Proprietary Reverse Mortgages
More Options. More Flexibility. More Possibilities.
Buy the Home You Want While Conserving More of Your Retirement Assets
Exclusive Reverse Mortgage Solutions for Homeowners Age 55+
Local. Trusted. Committed since 1986.
At Mortgage South of Tennessee, we believe your reverse mortgage should fit your life—not the other way around.
While traditional FHA Home Equity Conversion Mortgages (HECMs) are available only to homeowners age 62 and older, our proprietary reverse mortgage programs offer additional solutions for qualified homeowners beginning at age 55. These privately funded reverse mortgages are designed to provide greater flexibility than standard government-insured programs and may be available for borrowers or properties that don’t fit FHA guidelines.
Whether you’re planning for retirement, looking to eliminate your monthly mortgage payment, or wanting to access your home’s equity sooner, Mortgage South of Tennessee can help you explore a wider range of options.
Why Choose a Proprietary Reverse Mortgage?
Our proprietary reverse mortgage programs are designed to help homeowners who need solutions beyond a traditional HECM.
Available for Qualified Homeowners Age 55+
Why wait until age 62? Depending on the loan program, qualified homeowners may be eligible beginning at age 55, giving you earlier access to your home’s equity.
More Flexible Condo Eligibility
Many condominiums that do not meet FHA approval requirements may still qualify under one of our proprietary reverse mortgage programs. If you’ve been told your condo isn’t eligible for a traditional HECM, we may have another solution.
Multiple Proprietary Loan Options
One loan doesn’t fit every homeowner. That’s why Mortgage South of Tennessee offers several proprietary reverse mortgage products designed to meet a variety of financial goals, property types, and home values.
Higher Home Values Welcome
Many proprietary reverse mortgage programs accommodate higher-value homes and may provide access to more equity than a traditional FHA reverse mortgage. Loan limits and available proceeds vary by program.
No FHA Mortgage Insurance Premium
Because proprietary reverse mortgages are privately funded rather than FHA-insured, borrowers generally do not pay FHA mortgage insurance premiums.
Our Reverse Mortgage Specialists Will Help You Compare Your Options
At Mortgage South of Tennessee, we don’t believe in a one-size-fits-all approach.
We’ll review your goals and determine which solution may be the best fit, including:
- FHA Home Equity Conversion Mortgages (HECM)
- Proprietary Reverse Mortgages
- Jumbo Reverse Mortgages
- Reverse Mortgages for Higher-Value Homes
- Reverse Mortgages for Eligible Condominiums
- Reverse Mortgage for Purchase (when available)
Our goal is to educate you—not pressure you—so you can make an informed decision with confidence.
Is a Proprietary Reverse Mortgage Right for You?
You may be a good candidate if you:
- Are 55 years of age or older
- Own your primary residence
- Have substantial home equity
- Own a condominium that may not qualify for FHA financing
- Own a higher-value home
- Want more flexibility than a traditional HECM may provide
- Want to improve retirement cash flow while remaining in your home
Every borrower’s situation is unique, and eligibility varies by loan program and property.
Why Homeowners Choose Mortgage South of Tennessee
For nearly 40 years, Mortgage South of Tennessee has been helping homeowners throughout Tennessee and Georgia navigate retirement lending with confidence.
When you work with us, you’ll receive:
- Specialists focused on reverse mortgages
- Access to multiple proprietary lending solutions
- Honest guidance tailored to your financial goals
- Personalized loan comparisons
- Local service from experienced professionals
- Support before, during, and after closing
We’re committed to helping you find the solution that best fits your retirement—not simply the only option available.
Let’s Find the Right Reverse Mortgage for You
Whether you’re 55 or older, own a condominium, or simply want to explore alternatives to a traditional FHA reverse mortgage, Mortgage South of Tennessee can help.
Schedule your complimentary consultation today and discover how our proprietary reverse mortgage solutions can provide greater flexibility, greater choice, and greater peace of mind.
Mortgage South of Tennessee
Local. Trusted. Committed since 1986.
Important Disclosure: Proprietary reverse mortgages are private loan products and are not insured by the Federal Housing Administration (FHA). Eligibility, minimum age, property types, available loan proceeds, and program features vary by lender and loan product. Borrowers must continue to pay property taxes, homeowners insurance, applicable HOA dues, maintain the home, and occupy the property as their primary residence. All loans are subject to underwriting approval.