Page 3 - WSAAG052_Your Guide Booklet
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Quick Facts
More than 1 million homeowners 62 and over have used a
1 HECM reverse mortgage to achieve a better retirement.
(U.S. Dept. of Housing and Urban Development, HECM Endorsement Summary Report, 2020)
2 Home equity levels for homeowners aged 62 and older
grew to $10.6 trillion in the fourth quarter of 2021.
(NRMLA/RiskSpan Reverse Mortgage Market Index (RMMI) Q1 2000 - Q4 2021)
3 Homeowners 65+ have over 65% of their net worth
tied up in their homes.
(U.S. Census Bureau, Survey of Income and Program Participation, 2020)
Your Guide to a Better Retirement 3
