After launching a new proprietary loan product this spring, one of the nation’s leading reverse mortgage lenders has expanded the offering this week to more states.

Mutual of Omaha Mortgage announced on Friday that its SecureEquity+ product, which became available in April to eligible California and Florida residents, is now available in 12 additional states.

The product is also now being offered in Arizona, Colorado, Connecticut, Hawaii, Idaho, North Carolina, New Jersey, Nevada, South Carolina, Texas, Utah and Washington.

SecureEquity+ is the company’s initial entry into the proprietary reverse channel, which offers expanded borrower eligibility guidelines compared to the federally insured details ⇒

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