What is it?
DirectLenderMatch classifies Proprietary / Jumbo Reverse Mortgage under the financing form “Reverse mortgage.” Its typical use in this directory is: Private reverse mortgage outside HECM limits/rules.
How does it work?
The structure is generally evaluated, supported, or secured using the following basis: High-value home equity. Exact underwriting, eligibility, terms, and availability are provider-specific and can change.
What can it be used for?
Private reverse mortgage outside HECM limits/rules.
What backs or supports it?
High-value home equity.
Why does this structure exist?
This structure provides a defined way to address the financing need described above. The provider, transaction, collateral, and underwriting context determine how the structure is implemented in practice.
Important considerations
Confirm current costs, risks, licensing, eligibility, collateral treatment, recourse, tax consequences, and availability directly with the provider and appropriate professional advisers. DirectLenderMatch does not compare rates or recommend products.
Is this actually a loan?
Workbook classification: Yes. Financing forms such as leases, purchases, shared equity, advances, and guarantees may solve a funding need without being conventional loans.
Verified lenders or providers
Direct reverse-mortgage lender
Longbridge Financial, LLC
Longbridge Platinum is a current proprietary jumbo reverse mortgage product.
Official evidence page →Last verified: 2026-08-23
Direct reverse-mortgage lender
Finance of America
Finance of America offers proprietary HomeSafe jumbo reverse mortgages.
Official evidence page →Last verified: 2026-08-24
Related financing structures
Single-Purpose Reverse Mortgage
Public/nonprofit reverse mortgage for specified purpose
HECM for Purchase
Buy a home using HECM structure
HECM Reverse Mortgage
Convert eligible home equity to proceeds without regular principal-and-interest payments
Home Equity Contract / Home Equity Investment (HEI)
Existing homeowner receives cash now and owes formula-based lump-sum settlement later
Closed-End Home Equity Loan (HELOAN)
Lump-sum borrowing against home equity
Community Seconds Mortgage
Down-payment/closing-cost assistance with first mortgage