Rightsize does not originate loans and is not paid for these referrals. What we can do is help you think it through before anyone shows you a proposal.
How we help
We explain the mechanics plainly
How the balance grows, what happens to the equity, and the obligations that remain — taxes, insurance, maintenance and living in the home as a primary residence.
We pressure-test the plan
If a parent is likely to move to assisted living within a couple of years, a reverse mortgage is usually the wrong tool. We'd rather say that early.
We look at the alternatives first
VA Aid & Attendance, long-term care insurance, a home equity line, help from family, or simply selling and right-sizing.
We refer licensed professionals
HUD-approved counselors and licensed Utah loan officers who will explain the downsides as clearly as the upsides.
What we can connect you with
- HUD-approved reverse mortgage counselors (required before closing)
- Licensed Utah loan officers experienced with HECM loans
- Elder law attorneys to review the impact on an estate plan
- Financial advisors for a whole-picture look at funding care
- Long-term care insurance claim help
An honest note on cost and how this works
Rightsize provides education and referrals only. We do not originate loans, we are not a lender, and we receive no compensation for any mortgage or reverse mortgage referral.
Reverse mortgages carry real closing costs, mortgage insurance premiums and accruing interest. Federal law requires independent counseling before closing — take it seriously and bring the family.
Common questions
Related help
In the middle of a crisis instead?
If this started with a fall or a hospital stay, read what to do after a care transition — it's written for exactly that week.
We help families with reverse mortgage guidance in West Jordan, Murray, Cottonwood Heights, Salt Lake City and across the greater Salt Lake Valley.