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Money Saving Interest
Rates
Our customers have saved thousands compared to leading competitors in the reverse mortgage industry.
Family Operated, Family Focused
Top-Rated Service
Lower Rates*
Lower Rates & Unbeatable Pricing
Now, you can enjoy the equity you’ve built in your home with a GoodLife reverse mortgage. You’ll get a money-saving interest rate that meets or beats any in the industry. Plus, because we are a direct lender, there is no middleman. That means you’ll have lower lender fees and closing costs, so you can keep more of your hard-earned money where it belongs—in your pocket.
How do our rates stack up against the largest HECM lender?
Average adjustable interest rates based on HUD/FHA data from January 1 to December 31, 2020. Be sure to call for our current low rates. HECM is FHA’s insured reverse mortgage program that enables you to withdraw a portion of your home equity.
Isabella, August 24
Best mortgage experience ever
After 40 years of mortgages, Goodlife and Scott Sherman were the best ever. Professional, courteous, friendly, efficient, and informative. Promptly replied to questions and emails. Thank you so much.
How Much Money You Can Get With a Reverse Mortgage
The amount you can borrow increases as interest rates go down, as age goes up, and as property value increases.
Reverse Mortgage Proceeds Based on Age and Appraised Property Value (APV)
| Age | $100,000 APV |
$200,000 APV |
$400,000 APV |
$600,000 APV |
$822,375 APV |
|---|---|---|---|---|---|
| 62 | $52,400 | $104,800 | $209,600 | $314,000 | $430,900 |
| 65 | $54,200 | $108,400 | $216,800 | $325,200 | $445,700 |
| 70 | $57,600 | $115,200 | $230,400 | $345,600 | $473,600 |
| 75 | $60,900 | $121,800 | $243,600 | $365,400 | $500,800 |
| 80 | $64,200 | $128,400 | $256,800 | $385,200 | $527,900 |
| 85 | $68,500 | $137,000 | $274,000 | $411,000 | $563,300 |
| 90 | $73,000 | $146,000 | $292,000 | $438,000 | $600,300 |
*Estimated amounts. Call for more details.