Thank you for choosing BD Mortgage Group to assist you on your Reverse Mortgage Purchase. One of our authorized loan representatives will contact you within 24 hours.

A little about BD Mortgage Group, we are the leader in reverse mortgage lending, specializing in reverse mortgage loans since 2012. Our wholesale partnered Lenders work closely with retirement planners to help senior homeowners convert a portion of their home equity to fund long-term retirement plans, allowing them to age in place. With a trusted and well-recognized brand in the industry, proven tools and support, our mission in  reverse mortgage is to attain the highest level of borrower satisfaction. HECM reverse mortgages have helped over a million seniors comfortably age in place. Learn more about how these products can help your customers fund the retirements they have worked so hard to achieve.  

Fixed & Adjustable Rate Reverse Mortgages

A fixed rate reverse mortgage loan offers a single lump sum disbursement, and a consistent, fixed interest rate over the life of the loan*. An adjustable rate reverse mortgage has an interest rate based on the one-month LIBOR index. Multiple payment plans are available to suit borrowers’ needs such as:

  • Term: Fixed monthly payment for a set number of years
  • Tenure: Fixed monthly payment for the lifetime of the loan*
  • Growing Line of Credit (LOC): An established amount of money set aside for future draws when borrowers need it.

HECM for Purchase

Designed to assist seniors to buy their next home, using a reverse mortgage:

  • Replaces traditional mortgage to finance a new home
  • Down payment is obtained from the sale of current home (or other savings and assets) and combined with reverse mortgage
  • No monthly mortgage payments (borrower is still responsible for continued payment of property taxes, homeowner’s insurance, maintenance and applicable HOA fees)
Select Loan Type
Home Refinance
Home Refinance
Home Purchase
Home Purchase
Home Equity
Home Equity
Reverse Mortgage
Reverse Mortgage
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Select Property Type
Single Family
Single Family
Multi Family
Multi Family
Condominium
Condominium
Townhouse
Townhouse
Manufactured Home
Manufactured Home
What Is The Property Use
Primary Residence
Primary Residence
Vacation Home
Vacation Home
Investment
Investment
How Is Your Credit?
Excellent
Excellent
Very Good
Very Good
Good
Good
Fair
Fair
Poor
Poor
Have You Already Found A Home
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Estimated Purchase Price
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Down Payment
0% VA/USDA
0% VA/USDA
3% Conv.
3% Conv.
3.5% FHA
3.5% FHA
5%
5%

10%
10%
20%
20%
Military Service?
Yes
Yes
No
No
You Expect To Buy Within?
30-45 Days
30-45 Days
2-3 Months
2-3 Months
6 Months
6 Months
Longer
Longer
Tell Us About Your Needs
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Tell Us About Your Needs
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Tell Us About Yourself
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Property Zip
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Contact Information
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