Reverse Mortgage Purchase & Refinance Estimates

Guided reverse mortgage calculator for HECM purchase or refinance. Get illustrative eligibility and proceeds estimates with Kevin Kelly at Progress Lending.

Kevin Kelly, Senior Mortgage Advisor

Progress Lending, LLC

Phone: (602) 780-2939

Email: [email protected]

NMLS# 245238

Company NMLS# 2326329

Licensed in: AZ, CA

This advertisement does not constitute a loan approval or loan commitment. Loan Approval and/or loan commitment is subject to final underwriting review and approval. Terms subject to change. Equal Housing Lender.

Reverse Mortgage Purchase & Refinance Estimates

Guided reverse mortgage calculator for HECM purchase or refinance. Get illustrative eligibility and proceeds estimates with Kevin Kelly at Progress Lending.

Reverse Mortgage Estimator for purchases or refinances in minutes.

See estimated results based on your goal

What is your goal?

Youngest borrower age

Expected interest rate assumption

Your illustrative estimate

Federally regulated. Built with consumer protections.

Reverse mortgage myths — clarified

Get a personalized reverse mortgage review

Questions homeowners ask first

Ready when you are

One property. The whole picture.

Which home are you exploring?

Where should we send it?

No obligation. Your estimate is reviewed personally — not by a call center.

Walk through a short guided path to see if a Reverse Mortgage is right for you and your retirement plans. Enter your age, home details, and goals — then see an illustrative eligibility snapshot and estimated proceeds before you talk to anyone.

Illustrative only. Uses the 2026 FHA HECM limit of . Not a loan offer.

Reverse mortgage calculator

Answer a few questions. We generate an educational principal-limit estimate, eligibility flags, and next-step clarity for a reverse purchase or refinance.

We will tailor the questions and estimate to the path you choose.

Enter the age of the youngest borrower on the loan. Older borrowers generally unlock a higher principal limit.

Standard HECM eligibility starts at 62. You can still run an estimate for planning.

Funds typically come from savings, home-sale proceeds, or retirement accounts — not borrowed.

A formal appraisal comes later. A neighborhood estimate is fine for now.

Enter $0 if you own free and clear.

Higher rates reduce available proceeds; lower rates increase them. Move the slider to see sensitivity — this is for illustration only.

Approximate PLF used: %

HUD proceeds depend on age, rate, and the lesser of value, sales price, or the FHA HECM limit.

Illustrative estimate only. HUD states HECM proceeds depend on age, current interest rate, and the lesser of appraised value, the FHA HECM limit, or sales price. Results are educational and not a loan offer. You must continue paying property taxes, homeowners insurance, HOA dues if applicable, and maintain the home.

Want a personalized review of these numbers?

Live snapshot

What you need to know

Reverse mortgages are FHA-insured loans with rules designed to keep homeowners informed and protected. Here are the facts before you decide.

Clear answers to the objections that stop people from even running the numbers.

Your advisor

Running the estimate is the easy part. helps you interpret the numbers for your retirement timeline — whether you are freeing equity from a home you already love or buying the next one without a traditional monthly payment.

Share your contact details and we will follow up to discuss how a purchase or refinance HECM could fit your retirement plan. No obligation. No pressure.

→ Walk through your calculator results

→ Compare purchase vs. refinance scenarios

→ Clarify counseling, timing, and next steps

Run the estimate again, or send your details and will help you turn these numbers into a clear plan.

A clearer view of home

Understand the home, the neighborhood, and the market — all in one personalized report.

✓ Estimated value & property details

✓ Nearby sales & rental comparisons

✓ Neighborhood & market insights

✓ Branded PDF, ready to keep or share

Start with a property address. We’ll take it from here.

Your report will be available to download and keep.

Get your PDF here and a copy in your inbox.

By continuing, you agree to receive your report and be contacted about this property by .

This can take a few minutes. Please keep this page open.

NMLS#