Welcome to SecureEquity: Mutual of Omaha Mortgage’s New Product
As stated by Alex Pistone, president of Mutual of Omaha Mortgage’s reverse division, “At Mutual of Omaha Mortgage, we understand the diverse financial needs of our clients. With SecureEquity, we are thrilled to introduce a product that not only reflects our commitment to our clients but also extends Mutual of Omaha’s legacy of trust built over 116 years.”
SecureEquity is designed to provide a seamless experience for clients, from origination to servicing. Similar to the Federal Housing Administration’s Home Equity Conversion Mortgage (HECM) loan, the borrower must continue living in the home as their primary residence and maintain property taxes, insurance, HOA fees, and maintenance costs to keep the loan in good standing.
After an initial consultation, borrowers can proceed with the application and qualification process. The home will be appraised to determine the final loan amount, which may exceed FHA limits. Once approved, the loan closing and funding process can begin, with no monthly payments required.
Mutual of Omaha Mortgage also launched a broker protection program in October 2024, offering core protections to company-approved brokers and principal agents. This includes a commitment to not solicit borrowers within the broker network and exclude them from outbound marketing campaigns.
In 2024, Mutual of Omaha Mortgage became the leading HECM lender in the country on a per-unit basis, with 6,224 HECM endorsements recorded in the 12-month period ending in February 2025, according to data from Reverse Market Insight (RMI).