# What About the Proprietary or “Jumbo” Reverse Mortgage? – Orange County Reverse Mortgage – OCReverse.com [ Skip to content](#content) Orange County Reverse Mortgage – OCReverse.com Menu # What About the Proprietary or “Jumbo” Reverse Mortgage? / [FAQ - Frequently Asked Questions](/category/faq/) / By Orange County Reverse Mortgage We offer several “jumbo” proprietary reverse mortgage products that have traditionally benefited homeowners living in higher-priced homes valued above the FHA and Fannie Mae lending limits. There is a growing number of these programs available. This type of loan works well for many situations. Many of these programs compare favorably with the federally insured Home Equity Conversion Mortgage by enabling homeowners living in properties valued over $450,000 to access greater amounts of equity. All proprietary reverse mortgage products provide homeowners age 62 and older with the ability to convert their home equity into cash without having to sell their home or assume monthly payments. It should be noted that currently “jumbo” loans require the borrower to either take a credit line for the eligible amount or receive the full amount in a lump sum. In the near future, many more types of proprietary loans will be available due to the tremendous growth and popularity of reverse mortgages and the resulting competition among lenders. It is anticipated that they will be available for homes falling in the FHA price range, ie under the $362,700 maximum, and will be less expensive than FHA loans in that the 2% insurance premium will not be necessary. Be sure to ask us about any new proprietary loans that have become available. ## Case Studies ## Free Quote & Consultation Risk-Free, Obligation-Free Quick Quote Request Form - Find out what you qualify for. * Required Fields * Name * Birthdate MM 01 JAN 02 FEB 03 MAR 04 APR 05 MAY 06 JUN 07 JUL 08 AUG 09 SEP 10 OCT 11 NOV 12 DEC DD 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 YY 1901 1902 1903 1904 1905 1906 1907 1908 1909 1910 1911 1912 1913 1914 1915 1916 1917 1918 1919 1920 1921 1922 1923 1924 1925 1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 * Street Address * Zip * Telephone * Email Address * Estimated Property Value ## Recent Posts ## Free Reports Menu ## Case Studies Menu ## Recent Updates ## 800-216-6322 17011 Beach Blvd. #900 Huntington Beach, CA 92647 ## Search This Site © 2023 Morningstar Mortgage, Inc. CA BRE License #01277889, NMLS ID# 241680 Disclaimer: This material is not provided from HUD nor FHA, and has not been approved by HUD or a government agency. [ Facebook ](https://www.facebook.com/MorningstarMortgage) [ Linkedin ](https://www.linkedin.com/company/morningstar-mortgage/about/)