I’m Jack Pardi, a mortgage loan officer with DNVR Lending in Denver (NMLS 2408286). I help Colorado homeowners turn home equity into retirement cash flow, without adding a monthly mortgage payment.
Most lenders only talk to you at 62. Through DNVR Lending, some private reverse mortgage programs start at age 55, so you may be able to plan earlier.
Get My Reverse Mortgage Estimate → · Call 614-348-0916
Who I help
- Homeowners 55+ who want to pay off an existing mortgage and stop making monthly payments
- Retirees who want a growing line of credit as a safety net
- Couples who want to buy their next Colorado home with a reverse mortgage for purchase (HECM for Purchase)
- Owners of higher-value Front Range homes who need a jumbo (private) reverse mortgage
Reverse mortgage options I offer
- HECM (FHA-insured), age 62+: the most common reverse mortgage. For 2026 the FHA lending limit is $1,249,125.
- Private (proprietary) reverse mortgages, age 55+ with some programs: often a fit for higher home values above the FHA limit.
- HECM for Purchase: buy a home with a large down payment and no required monthly mortgage payment.
How it works with me
- A free 20-minute call to understand your goals and your home.
- Side-by-side estimates: HECM vs. private options, and lump sum vs. line of credit vs. monthly payments.
- HUD-approved counseling (required for HECMs). I’ll help you schedule it.
- Appraisal, approval, and closing. I stay your single point of contact the whole way.
Why work with a local Denver loan officer
I’ve been in mortgage lending for 4+ years and I live here. I also do traditional mortgages, HELOCs, and DSCR loans, so I’ll tell you honestly when a reverse mortgage isn’t your best option. Family members are welcome on every call.
Learn more: Reverse Mortgage in Colorado: A Plain-English Guide for Homeowners 55+
Also licensed in Ohio: Reverse mortgages in Ohio →
Frequently asked questions
Can I get a reverse mortgage at 55 in Colorado?
Possibly. FHA-insured HECMs require age 62, but some private reverse mortgage programs available through DNVR Lending start at 55.
Do I still own my home?
Yes. You keep the title. You must live in the home as your primary residence, pay property taxes and homeowners insurance, and maintain it.
Do I make monthly payments?
No monthly mortgage payment is required. You can make voluntary payments any time.
When is it repaid?
Usually when the last borrower sells, moves out for more than 12 months, or passes away. Heirs can keep the home by paying it off, or sell it.
Can my heirs owe more than the home is worth?
On a HECM, no. It’s a non-recourse loan, so neither you nor your heirs owe more than the home’s value when it’s sold.
Jack Pardi, NMLS 2408286. DNVR Lending LLC, NMLS 2403751. Equal Housing Opportunity. Reverse mortgage borrowers must occupy the home as a primary residence, pay property taxes, homeowners insurance, and HOA dues, and maintain the home, or the loan may become due. Loan balance grows over time. Interest is not deductible until paid. These materials are not from HUD or FHA and were not approved by HUD or a government agency. Not all borrowers will qualify; age requirements vary by program.