Plaza News + Updates

Plaza is now offering our popular Reverse Jumbo program in New York and Nevada in addition to 16 other states. Reverse mortgages can be a great way to expand your business’s portfolio and tap into a rapidly growing market. And with Plaza’s dedicated Reverse Lending Division to help you every step of the way, you can be confident offering the program. Contact your Plaza Account Executive or visit our reverse mortgage page for more information.

Reverse mortgages are now back in New York. If you’re not currently set up to offer these powerful programs to seniors in your market, visit our reverse mortgage page or talk to your Plaza Account Executive today to learn how easy it is with Plaza.

Plaza’s Reverse Jumbo is now available in Washington state, bringing the total number of states where your clients can access up to $4M in equity to 16! Visit our program page for more information and a complete list of states where this program is available.

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In times like these, reverse mortgages provide savvy homeowners with a way to access liquidity for additional income or to rebuild reserves. At the same time, senior homeowners can secure future credit to sustain their retirement needs,” Mark Reeve, VP Reverse Mortgage Division. Read the full article, ‘Repair Cracks in the Nest Egg,’ now at Scotsman Guide.

Plaza’s Reverse Jumbo is now available in Arizona, California, Colorado, Connecticut, Florida, Hawaii, Illinois, New Jersey, Oregon, Texas, and Utah with more states to follow soon. The Reverse Jumbo is a great option for clients in higher-value homes who want to tap into more equity than allowed by the current FHA HECM limits.