What You Can Use Reverse Mortgage Funds For
Many seniors wonder exactly how funds from a reverse mortgage can be used. The uses are broad: you could upgrade your home for safety and comfort, cover healthcare costs, pay off an existing mortgage, create a monthly income stream, or build an emergency fund.
The reverse mortgage market is forecast to grow at about a 5.9% compound annual growth rate through 2033, driven by the aging population and rising home values, which increase accessible equity (Archive Market Research, 2025). This means more flexibility and options for seniors looking to stay in their homes while accessing funds.
Secure Lending Inc. can help you explore how your home equity might support your personal goals – whether that’s travel, health, family support, or simply peace of mind – and map out how much you may qualify for and what withdrawal options are available.
References: Archive Market Research. (2025, February 6). Reverse mortgage market 2025-2033 overview: Trends, competitor dynamics, and opportunities. Retrieved from https://www.archivemarketresearch.com/reports/reverse-mortgage-market-10009