Top Reverse Mortgage Companies: 2022

From paying bills, to establishing a financial ‘safety net’, to funding the retirement lifestyle of your dreams, or even just keeping more cash on hand to combat rising inflation rates – today’s reverse mortgages have become an increasingly popular option amongst retirees. And for good reason. With homeowners ages 62 and older accounting for over $10.1 trillion in home equity1, tapping into this wealth to supplement retirement income could be a powerful financial option.

Home Equity Conversion Mortgages (HECMs) – also known as reverse mortgages – allow homeowners ages 62 and older to convert a portion of their home’s equity into cash. Despite the many misconceptions and myths around reverse mortgages, the loan allows you to maintain full ownership and title to your home. And with an increasing number of senior homeowners expressing their desire to stay in their homes well into retirement years – also known as the ‘aging in place’ movement – this comes as welcomed news.

What’s more, funds from a reverse mortgage do not have to be paid until after the final borrower no longer lives in the home2. And with no monthly mortgage payments required3 on a reverse mortgage, homeowners can free up even more cash for what matters most.

Just like the process to secure a regular ‘forward’ mortgage or loan, the reverse mortgage process has several steps. And perhaps the most important step is the first one – selecting a reputable reverse mortgage lender to work with. To help you get started, we’ve compiled some of 2022’s top-ranked reverse mortgage lenders below.

Company NameYears in BusinessAverage Star-RatingPositive ReviewsTrustpilot Reviews
Longbridge Financial, LLC104.895%Source
Reverse Mortgage Funding104.693%Source
American Advisors Group184.584%Source
Finance of America Reverse193.978%Source


With so many lenders offering competing services at various price points, it is important to do your research to ultimately choose the lender that’s the best fit for you. The right lender will make you feel confident and informed through every step of the reverse mortgage process and answer any questions you may have.

As a Federal Housing Administration (FHA) approved lender, Longbridge Financial maintains an A+ rating with the Better Business Bureau. We are also a proud member of the National Reverse Mortgage Lenders Association and fully subscribe to its Code of Ethics.

At Longbridge, our Loan Officers are professionals in the business and are committed to recommending the reverse mortgage program only after making certain that the program is right for you and meets your needs. We’ll get to know you, your goals, your home, and your finances as we discuss your options. We will help you determine what reverse mortgage solution is right for you.  Not all lenders make this commitment.

Ready to join the 1.2 million+ Americans4 who have already made a reverse mortgage part of their retirement plans? Check out our article on selecting the right reverse mortgage lender and for more information, contact the Longbridge team today.

2 The loan balance increases over time as interest on the loan and fees accumulate
3 Real estate taxes, homeowners insurance, and property maintenance required

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