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Mutual of Omaha expands SecureEquity proprietary reverse mortgage to 41 states

The SecureEquity product now has a $300,000 minimum home value and is positioned to help borrowers facing lower HECM proceeds and debt payoff scenarios not permitted under HECM.

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HousingWire reports that Mutual of Omaha Mortgage has updated its SecureEquity proprietary reverse mortgage suite, highlighting changes including a lower $300,000 minimum home value and broader rollout across 41 states and Washington, D.C.

According to HousingWire, SecureEquity was initially introduced in California and Florida in April 2025, and the product now targets borrowers who may be affected by lower HECM proceeds.

HousingWire also reports that the SecureEquity program is designed to support debt payoff scenarios that are not allowed under HECM, with the recent updates shared during a webinar this week.

The outlet notes the product is part of a broader shift toward proprietary reverse mortgages for some senior homeowners as market conditions evolve.

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