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Reverse Mortgage in Tucson, AZ

Transforming Equity Into

Retirement Freedom

                                      have proven invaluable to hundreds of thousands of American retirees, fulfilling their needs and enhancing their lives.

Incorporating a reverse mortgage into your retirement strategy can serve as a valuable asset, providing immediate benefits and ensuring long-term financial security for                                                               

Reverse Mortgages

today, tomorrow and for years to come.

Meet Our Certified Reverse
Mortgage Professional in Tucson, AZ

Tina Steele

We understand that navigating reverse mortgages and finding the Best Reverse Mortgage Lender in Tucson, AZ can be overwhelming. That's why we created this guide to simplify the process with a clear reverse mortgage explanation. 

I have made reverse mortgages my niche of business in the mortgage industry since 2007. After seeing the benefit of the program for my grandmother in Washington State, I knew this could be a tremendous program for the right person here in Tucson. I spend the time to fully explain the program options for many different reasons' it's a big decision and one that takes time to make. My clients will never feel any pressure from me but will get all information up front to make the decision that is right for them.

Living in Oro Valley with my husband and two teenage boys gives me the advantage of providing local reverse mortgage education to Tucson clients. As a dedicated Tucson Reverse Mortgage Broker, I truly love what these programs can do for folks, and I see it repeatedly.

At Penny Lane Reverse our customer service is above and beyond. We treat our clients with respect and kindness. This program is not for everyone, but for those that it fits, it can be a tremendous benefit. I have seen it happen loan after loan. This work is so satisfying and it is truly a pleasure to serve this community.

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NMLS #250989



Our commitment is to provide you with the knowledge you need to make informed decisions about your financial future.

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Access the Capital You Require with a Reverse Mortgage in Tucson, AZ

We are your trusted Reverse Mortgage Lender in Tucson, AZ and we specialize in helping eligible customers aged 62 and older unlock a portion of their home equity, enabling them to access funds without the burden of making monthly mortgage payments.

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When planning for retirement, homeowners often explore the potential of using their home equity to fund their retirement dreams and gain greater financial flexibility.

In this video, we will explain the differences between reverse mortgages and traditional mortgages and why retirees, as well as those aspiring to retire, are choosing this option to enhance their quality of life.

Common Myths about Reverse Mortgages

Our goal is to demystify the myths that often surround about reverse mortgages. These financial tools are specifically designed to empower seniors to access their home equity without surrendering ownership.

We are committed to providing reverse mortgage solutions in Tucson, Arizona, education to help you navigate these misconceptions.

The bank will own my home.

This is one of the most prevalent misconceptions. With a reverse mortgage, you continue to maintain ownership and title of the home you love. The loan is repaid when you sell the property, move out, or pass away. As the homeowner, you have the right to live in the property as your primary residence and retain ownership throughout the duration of the loan.

I will own more than my home's value.

Reverse mortgages are designed to protect borrowers, and federal regulations ensure that you can never owe more than the appraised value of your home at the time of repayment. Even if the loan balance exceeds the home's value, you are not personally liable for the difference. The lender absorbs any potential shortfall through mortgage insurance.

I won't qualify because of income or credit requirements.

Unlike traditional mortgages, reverse mortgages have more lenient eligibility criteria. The primary factors considered are your age (62 or older), the value of your home, and your ability to meet basic financial obligations, such as property taxes, insurance, and maintenance. Credit scores and income do not play a significant role in qualifying for a reverse mortgage.

I will lose government benefits like Social Security or Medicare.

Reverse mortgage proceeds are not considered taxable income and do not impact most government benefits, including Social Security and Medicare. However, certain need-based benefits like Medicaid may be affected. It's essential to consult with a financial advisor or benefits specialist to understand the potential implications.

Reverse mortgages are only for desperate or financially struggling individuals.

Reverse mortgages are not exclusively for individuals in financial distress. They can be a strategic financial planning tool for retirees seeking to supplement their income, cover healthcare expenses, pay off debts, or fund home improvements. Reverse mortgages provide financial flexibility and can improve overall financial well-being.

What people said...


They have a great team.

They helped me with a refinance and communication was clear and frequent from start to finish.

Very pleased with my experience overall.


Tina, in nutshell, is one person who possesses a stick-to-it (ness) in getting the job done. She is also, very personable and understands everything involving reverse mortgages. Ours was particularly difficult and we both, at one time, we were not sure it would actually come to fruition. However, as noted above, Tina would not give up. She finally succeeded and we are very pleased, among a plethora of other adjectives, concerning her abilities. Lovely personality, too.


Tina was a pleasure to work with. She explained the whole process so well it became very easy to understand. I would not hesitate to recommend her as your Reverse Mortgage Broker in Tucson!

Luxurious Home

Reverse to Purchase

A reverse mortgage for home purchase enables individuals aged 55 and older to acquire a new primary residence without the burden of monthly mortgage payments, utilizing the loan proceeds from the reverse mortgage. 

Happy Senior Couple

How do I qualify?

Deciding whether a reverse mortgage aligns with your needs is a personal choice, and ultimately, the decision rests with you. However, we are here to offer the information and knowledge necessary to empower you to make the necessary decision for your future.

Home interior design


A Home Equity Conversion Mortgage (HECM) is an FHA-insured loan designed for individuals aged 62 and above. It provides the opportunity to transform the equity in their home into cash, all without the need for monthly mortgage payments.


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1846 E. Innovation Park Dr.

Oro Valley, AZ 85755 




Penny Lane Financial, LLC dba Penny Lane Reverse

NMLS #1905686 WA State, NMLS #1034711 AZ State

NMLS Consumer Access - click here


This communication is not an offer to lend or an advertisement for credit as defined by the Truth in Lending Act (TILA). The information provided in this email and on our website is for informational purposes only and should not be considered as financial advice.

A Reverse Mortgage is a complex financial product, and its availability and terms may vary based on your location, age, home value, and other factors. It is essential to consult with a qualified financial advisor and/or a Reverse Mortgage specialist to determine if a Reverse Mortgage is suitable for your specific financial situation.

The content of this email and our website is subject to change without notice, and Penny Lane Financial, LLC dba Penny Lane Reverse does not guarantee the accuracy, completeness, or suitability of the information provided. We recommend that you verify all information before making any financial decisions.

Borrowers should be aware that a Reverse Mortgage will accrue interest and that the loan balance may increase over time. The loan must be repaid when the last borrower no longer occupies the home as their primary residence or fails to meet other obligations of the loan.

If you decide to proceed with a Reverse Mortgage application, you will be required to complete a counseling session with an independent HUD-approved counselor. This counseling session aims to ensure that you fully understand the terms and consequences of a Reverse Mortgage.

Penny Lane Financial, LLC dba Penny Lane Reverse is not affiliated with any government agency. We are a private company offering Reverse Mortgage services. This email and our website are not endorsed or sponsored by any government agency.

By using this website or providing your contact information, you consent to receive communications from Penny Lane Reverse email or other means. We will use your information solely for the purpose of responding to your inquiries or providing you with relevant information about Reverse Mortgages.

For further information about our privacy practices, please review our Privacy Policy on our website.

© 2024 by Penny Lane Financial, LLC DBA Penny Lane Reverse

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