Line of credit | Reverse Mortgage Glossary
Line of credit
Flexible reverse mortgage payout; unused portion may grow over time on HECM.
Plain English
Flexible reverse mortgage payout; unused portion may grow over time on HECM.
Everyday analogy
Think of this as one piece of a loan puzzle. See our complete glossary or what is a reverse mortgage guide for context.
When this is NOT a good fit
Understanding terms does not mean a reverse mortgage is right for you. Review our eligibility and foreclosure guides before deciding.