A reverse mortgage is a loan that allows homeowners 62 years and older to access a portion of the equity in their homes for use in retirement. Reverse mortgages are also known as home equity conversion mortgages (HECMs), which are insured by the Federal Housing Administration (FHA). Note that not all reverse mortgages are federally insured. 

Purchase mortgages enable you to become a homeowner.  Is this what you need?

Yes