100% Free · No Obligation

See how much tax-free* cash your home could unlock

Free, no-obligation estimate from Miguel — a real local specialist, not a call center.

*Reverse mortgage proceeds are loan advances, not income, so they're generally not subject to income tax. This is general information, not tax advice — please consult a tax advisor about your situation.

Your name

Email address

Phone number

Get My Free Estimate

Takes ~15 seconds · We never share your information. No Social Security number required — ever.

Common Questions & Myths

· August 24, 2022

Reverse Mortgage vs. Home Equity Loan

Compares the two options. A home equity loan or HELOC requires monthly payments and qualification based on credit and income, while a reverse mortgage requires no monthly mortgage payment and is designed for homeowners 62 and older. Each has trade-offs depending on your age, cash flow, and how long you plan to stay in the home.

Presented by Miguel A. Vazquez

California Reverse Mortgage Specialist · NMLS #401212 · 20+ years experience

Licensed CA Broker

Ask

Instant answers pulled from our guides · not personalized advice

Reverse Mortgage vs. Home Equity Loan

What You'll Learn

1HELOCs require monthly payments
2Reverse mortgages do not
3Reverse mortgages are for ages 62+
4Choice depends on cash flow and timeline

More Common Questions & Myths videos

Reverse Mortgage Myths

Reverse Mortgage Myths

Does Your Reverse Mortgage Need to Be Paid Back?

Does Your Reverse Mortgage Need to Be Paid Back?

The Truth About Reverse Mortgage Guilt

The Truth About Reverse Mortgage Guilt

Reverse Mortgages: What to Know Before You Start

Reverse Mortgages: What to Know Before You Start

Browse the full video library.

Read the full guide

Have a question about your situation?

Miguel answers any reverse mortgage question — no pressure, no obligation. Serving all of California in English and Spanish.

Talk to an Advisor Call (562) 881-9811

Talk to a specialist

Free consultation — no obligation, no pressure.

Call meText meEmail me

Your name

Phone number

Your age

Email (optional)

Miguel A. Vazquez personally handles your request — not a call center. NMLS #401212

Request Callback

No Social Security number required — ever.

We never share your information.

Talk to Miguel

Mon–Fri 8am–6pm PT · Free consultation

Call (562) 881-9811 Text EmailNMLS #401212

Talk to Miguel directly — a real person, never a call center. Se habla español.

Your Risk-Free Promise

No upfront appraisal cost. Miguel pays for your home appraisal himself. He's only reimbursed at closing — and only if your loan actually closes.
No upfront credit cost. Miguel also covers the cost of pulling your credit. There is nothing out of your pocket to get started.
Cancel anytime — you lose nothing. Change your mind at any point and you can simply walk away. If your loan doesn't close, Miguel absorbs those costs — never you.

Miguel A. Vazquez pays the upfront appraisal and credit-report costs and is reimbursed only at closing. If the loan does not close, the borrower owes nothing for these items.

Get a free estimate

Talk to a Reverse Mortgage Plus advisor about your specific situation. No cost, no commitment.

Start My Application Try the Calculator

✓ FHA-approved, licensed CA broker

✓ HUD counseling guidance included

✓ No pressure, no obligation

✓ English & Spanish support

✓ 92+ California cities served

Ask AI