Government-insured HECM reverse mortgages
Stay in the home you love. Stop making the mortgage payment.
If you are 62 or older and own your home, a reverse mortgage turns the equity you built into tax-free cash, with no monthly mortgage payment for as long as you live there.
Takes about a minute. No credit check to find out, no obligation. When you call, you get Mark, not a call center.
Does this sound familiar?
The check comes in, the bills take it, and the credit card covers the rest.
- You feel like your Social Security check is spent before it shows up.
- Credit cards are covering what Social Security will not.
- You are living on a fixed income and still making a mortgage payment.
- You thought the house would be paid off by now. Life did not work out that way.
Most people I talk to are not looking to do anything drastic.
Some are still carrying a mortgage. Some have lost a spouse. Some are just trying to keep up with everything getting more expensive.
They want to stay in their home and make things work. A reverse mortgage is one way to do that, and it is not the right answer for everyone. I will tell you quickly whether it fits your situation, and I will tell you if it does not.
How it works
Three steps, and you never have to leave your house.
Step 1
Call, or send the short form
Tell Mark your age, the state you live in, and roughly what your home is worth. He will tell you on that first call whether a reverse mortgage can work for you.
Step 2
Mark comes to you
He sits down with you, and with your family if you want them there, and walks through the numbers in plain language. No pressure, no papers in the mail.
Step 3
Close at your kitchen table
Paperwork, counseling, appraisal and closing, all handled by Mark. Most loans finish in about 30 days, and your monthly mortgage payment stops.
Simple arithmetic
What does your mortgage payment add up to in a year?
Once a reverse mortgage is in place, the payment you make today stops. Slide to your payment and see what that puts back in your pocket.
It is not too good to be true. It is too good to be free. It is a loan. It gets paid back when you no longer live in the home.
Mark McVearryThis is your payment times twelve, not a loan quote. With a reverse mortgage you remain responsible for property taxes, homeowner's insurance and upkeep.
Who qualifies
Three things, and most of the people who call Mark have all three.
You are 62 or older
At least one homeowner on the title needs to be 62. Younger and still interested? Mark will keep in touch until you are.
It is the home you live in
Your primary residence: a single-family house, condo or townhome. Rentals and vacation homes do not qualify.
You have equity in it
Any existing mortgage gets paid off with the reverse mortgage. Credit does not have to be perfect.
In their words
Neighbors from Ocean Pines to Rockville, at their own kitchen tables.
I called one of the companies I saw on TV. They just wanted to send me some papers through the mail. I called Mark and he came to my home and explained everything to me. We did all of the paperwork and even closed my reverse mortgage at my kitchen table. It was the right decision for me and Mark made it easy.
Everyone told me reverse mortgages were confusing, but not with Mark. He came to my home, explained everything in simple, easy-to-understand terms, and never once pressured me. I was shocked how fast it moved, less than 30 days from start to finish, and I never had to leave my house.
I was turned down by a couple of lenders and told my only option was to sell my home, which I absolutely did not want to do. My situation was complicated, but Mark took the time to listen and came up with a solution that worked. He was always available, always patient, and never made me feel like a bother. I finally felt like someone was truly on my side.
Mark's local knowledge made a big difference. He understood the property taxes in my area, knew what repairs might come up with homes like mine, and was familiar with the local real estate market. He sat at my kitchen table and walked me through everything step by step. It was like talking to a trusted family member who just happens to be really good at what he does.
I was nervous about a reverse mortgage at first, but Mark made everything make sense. He is kind, honest, and never pushed me into anything. The whole process was smoother than I imagined. A reverse mortgage is not for everyone, but for me, it was the smartest decision I have made in years.
I was not sure about the reverse mortgage until my brother-in-law did it. I saw how much it helped him and I wanted the same thing for me. It was the best thing I ever did. I only wish I had done it sooner.
Featured in
“Having a reliable income source that is not dependent on stock market growth can be valuable. I recently sat down with Mark McVearry, a senior loan officer with Acre Mortgage & Financial, to discuss reverse mortgages.”Jim Pearce, Investing Daily, “Taking it From the House,” May 29, 2025 · Read the feature
Straight answers
The questions everyone asks first.
What is a reverse mortgage?
A reverse mortgage is a loan for homeowners 62 and older. It lets you turn part of the value of your home into tax-free cash while you keep ownership and keep living there. The big difference from a regular mortgage: there are no monthly mortgage payments. In simple terms, the home you worked so hard for pays you back.
Most reverse mortgages are HECMs (Home Equity Conversion Mortgages), insured by the Federal Housing Administration. Lenders must follow strict federal rules.
Is this a scam? Will I lose my home?
No, and no. A HECM is a federally insured loan program that has been around since the 1980s. You stay the owner of your home and you stay in it. The loan is simply a lien on the property, the same as any mortgage.
What you do agree to: live in the home as your primary residence, pay your property taxes and homeowner's insurance, and keep the home maintained. Do those four things and nobody can make you leave.
What is the catch?
It is not too good to be true. It is too good to be free. It is a loan, and like any loan it gets paid back, with interest, when you no longer live in the home. Interest is added to the balance over time instead of being paid monthly, so the amount owed grows and the equity left for your heirs shrinks. That is the trade. For a lot of people, keeping their home and their monthly cash flow is worth it. For some it is not. Mark will tell you which one you are.
How do I qualify?
- At least one homeowner must be 62 or older.
- The home must be your primary residence: a single-family house, condo or townhome.
- Any existing mortgage is paid off with proceeds from the reverse mortgage.
Credit does not have to be perfect, and there is no minimum income. Mark can tell you on the first call whether you fit.
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Read the articleLet's talk it through
One phone call tells you whether this works for you.
410-788-7070When you call, you get Mark. Free in-home meetings across Maryland, DC, Virginia and Delaware.