Plaza News + Updates

BIG NEWS: Now Accepting Correspondent Reverse Jumbo Loans!

Posted by Plaza Correspondent on February 4, 2022

We’re excited to share that we are now accepting Reverse Jumbo loans from our Correspondent Lenders on a non-delegated basis!

Unlike a standard HECM, the Reverse Jumbo has no mortgage insurance (MI), so your borrowers can access more equity without the additional MI fees. With loan amounts up to $4 million, your clients can tap into more equity in their higher-value homes.


  • No minimum or maximum draw amounts
  • No mortgage insurance
  • Single-Family Residences, 2-4 units, Townhomes, PUDs, and Condominiums (with restrictions) eligible

Plaza Home Mortgage® aims to provide you more opportunities to enhance your business portfolio, so get started with a Reverse Jumbo loan today by emailing us at or contact your Account Executive today!

Topics: National Correspondent News, Plaza at a Glance

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