Mutual of Omaha launches proprietary reverse mortgage product
Briefly

Mutual of Omaha Mortgage has launched SecureEquity, a reverse mortgage product designed to meet the diverse needs of its clients, underlining the company's long-standing tradition of trust. The product is similar to the Federal Housing Administration’s HECM loan, requiring borrowers to maintain their primary residence and cover essential costs. This comprehensive approach moves clients through a seamless process, from origination to servicing. Additionally, the company established a broker protection program to enhance relationships with brokers. In 2024, Mutual of Omaha emerged as the top HECM lender based on endorsements, reflecting its market leadership.
SecureEquity is designed to meet diverse client needs, offering a seamless experience from origination to servicing while maintaining trust built over 116 years.
Borrowers must keep the property as their primary residence and continue to pay taxes, insurance, and maintenance costs to ensure the loan's good standing.
The company has launched a broker protection program that guarantees company-approved brokers will not be solicited for their established borrowers, improving broker relationships.
Mutual of Omaha became the leading HECM lender based on per-unit basis, achieving over 6,224 endorsements in the year ending February 2025.
Read at www.housingwire.com
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