Reverse Mortgages That Put Your Equity to Work

Discover the benefits of reverse mortgages designed to support your financial freedom in retirement while keeping the place you call home.

Unlock peace of mind with a reverse mortgage from Luminate.

As you enter retirement, your home becomes more than just a place to live, but also a powerful financial tool. With a reverse mortgage, also known as a HECM (Home Equity Conversion Mortgage), you can turn your equity into tax-free cash without giving up ownership or taking on monthly mortgage payments.


Whether you’re planning for medical costs, home updates, or just a more comfortable retirement, Luminate Bank is here to help you explore your options with clarity and care.

What is a Reverse Mortgage?

A reverse mortgage is a type of loan available to homeowners aged 62 and older. Unlike traditional loans, this option lets you borrow against your home’s equity and receive the funds as a lump sum, monthly payment, or line of credit, all without monthly mortgage payments.


And yes, you still own your home. You just need to continue living in it as your primary residence and stay current on taxes, insurance, and basic upkeep.


What about bank reverse mortgages?

Luminate Bank proudly offers bank reverse mortgages, helping homeowners unlock their equity with trusted, transparent support. That means no third-party handoffs, and no confusion.

Are you eligible for a reverse mortgage?

Eligibility is straightforward:


  • You must be at least 62 years old
  • The home must be your primary residence
  • You must have substantial home equity



Not sure if you qualify? Our local reverse mortgage specialists are ready to walk you through every step and answer any questions.

Why choose a reverse mortgage over other loan options?

For many retirees, a reverse mortgage is a smart and stable way to access funds when you need them most. Here’s why:

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Supplement Your Retirement Income

Use your home equity to boost monthly cash flow—without selling your home.

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Pay Off an Existing Mortgage

Eliminate your monthly mortgage payments and free up your budget..

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No Impact on Medicare or Social Security

Reverse mortgage proceeds won’t affect these benefits (but may impact Medicaid).

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Flexible Use of Funds

From medical care to home upgrades or even travel. It’s your equity, your choice.

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Emergency Financial Cushion

Access funds for unexpected needs, so you can rest easy.

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Legacy & Estate Planning Tool

Reverse mortgages can help reduce taxable estate value and increase financial flexibility for heirs.

Still unsure if a reverse mortgage is right for you?

At Luminate Bank, we believe in helping people make smarter, simpler financial decisions that honor their goals. If you’re considering a reverse mortgage, or exploring bank reverse mortgages or the benefits of reverse mortgages, let’s talk. We’re here to light the way forward.

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