# Savvy Reverse

> Honest education about reverse mortgages (HECM) for homeowners 62 and older. No sales pressure — just clear, plain-English answers. Licensed in AZ, CA, CO, FL, ID, TX.

## About
JP Dauber, NMLS# 386298, is a licensed HECM reverse mortgage specialist operating on behalf of Loan Factory, Inc. (NMLS# 320841). The site provides educational content about Home Equity Conversion Mortgages (HECMs) — the FHA-insured reverse mortgage program.

## Key Pages
- [What Is a HECM?](https://savvyreverse.com/what-is-hecm/): Plain-English explanation of how reverse mortgages work
- [How It Works](https://savvyreverse.com/how-it-works/): Step-by-step process from first conversation through closing
- [Eligibility Requirements](https://savvyreverse.com/eligibility/): Age 62+, sufficient equity, primary residence, HUD counseling
- [HECM for Purchase](https://savvyreverse.com/hecm-for-purchase/): Buy a new home with no monthly mortgage payment
- [HECM Line of Credit](https://savvyreverse.com/hecm-line-of-credit/): How the credit line grows over time
- [Reverse Mortgage Guide](https://savvyreverse.com/reverse-mortgage-guide/): Comprehensive 2026 guide covering all aspects
- [Pros and Cons](https://savvyreverse.com/reverse-mortgage-guide/pros-and-cons/): Honest assessment of advantages and drawbacks
- [Costs and Fees](https://savvyreverse.com/reverse-mortgage-guide/costs/): Full breakdown of HECM costs
- [Calculator](https://savvyreverse.com/calculator/): Free HECM calculator — estimate by age, home value, balance
- [Purchase Calculator](https://savvyreverse.com/purchase-calculator/): Estimate down payment for HECM for Purchase
- [Compare Options](https://savvyreverse.com/compare/): HECM vs HELOC, cash-out refi, selling, annuity
- [Complete FAQ](https://savvyreverse.com/blog/reverse-mortgage-faq-complete-guide/): Every common question answered
- [Glossary](https://savvyreverse.com/glossary/): HECM terms explained in plain English
- [Blog](https://savvyreverse.com/blog/): Library of plain-English articles on reverse mortgage topics, published several times weekly
- [Contact](https://savvyreverse.com/contact/): Schedule a free, no-obligation consultation

## Core Facts
- A HECM is an FHA-insured reverse mortgage for homeowners 62 and older
- No monthly mortgage payments are required
- The homeowner retains full ownership and title
- HECM loans are non-recourse: borrowers and heirs never owe more than the home's value
- HUD-approved counseling is required before closing
- The 2026 FHA lending limit is $1,249,125
- Most borrowers qualify for 40-60% of their home's appraised value
- Funds can be received as lump sum, line of credit, monthly payments, or combination
- The unused line of credit grows over time at the same rate as the loan balance