Skip to main content Skip to footer content

In-Retirement Loan Comparison

Select up to four accounts to compare
Products to compare
Comparing Products: Senior Choice Home Equity, Fixed Rate Reverse Mortgage, Retirement Line of Credit, Home Equity Retirement Income Loan
Senior Choice Home Equity
Get up to $50,000 with no closing cost. This line of credit lets you write checks and fix your rate on all or part of your outstanding balance with a call. Plus, no payments until you leave your home.
Free Online Analysis
Retirement Line of Credit
Access to a substantial amount of cash without having to use your savings or other assets. Plus, no payments until you leave your home.
Free Online Analysis
Home Equity Retirement Income Loan
Receive monthly payments for as long as you live in your home. Plus, you can add a small line of credit for emergencies.
Free Online Analysis
Fixed Rate Reverse Mortgage
Get all the funds at closing to pay off a mortgage, other debt, or make a purchase. Plus, lock in a fixed rate. You don’t pay it back until you leave your home.
Free Online Analysis
Type: Line, but portions can be locked Line Line Loan
* Borrow up to 33% of home value, capped at $50,000 * Borrow up to 55% of home value * See representative for percentage of home value * Borrow up to 33% of home value, capped at $50,000
** Prime+1.25%, capped at 9.75% ** Prime+1.50%, capped at 12% ** 1 Yr Treasury+3.50%, capped at initial rate +10% ** Prevailing Rate
Access funds as needed Access funds as needed, auto payment Access funds as auto payments, lump sum or ^as needed Access funds as lump sum
No closing costs Closing costs Closing costs No closing costs
Annual service fee Monthly service fee Monthly service fee Annual service fee
Free Online Analysis Free Online Analysis Free Online Analysis Free Online Analysis
Terms & Disclosures * Dependent on age of youngest borrower, loan to value, income, and other factors. Home value is capped at $822,000.

** does not include required Mortgage Insurance Protection

^ Up to 20% of principle limit