Today, the two most popular types of reverse mortgages on the market are the Home Equity Conversion Mortgages (Insured by the FHA), and Jumbo, or proprietary reverse mortgages. The former you are most likely familiar with, having seen a number of television ads with celebrities touting the benefits of the reverse mortgage. However, jumbo reverse mortgages have returned in a big way.

The good news is that homeowners of higher-valued properties looking to incorporate their home equity in retirement-one that allows them to tap into considerably more of their home's value.

Jumbo reverse mortgages are designed for homeowners of higher-valued properties that exceed the federal lending limit, helping them access a larger portion of their home's value. Typically those over the age of 55 or 60 with significant equity in a higher-value home could be ideal candidates for a private jumbo reverse mortgage.

A jumbo reverse mortgage is a private or proprietary loan which means the loans terms, conditions, and guarantees are established by the lender versus the typical federally-insured reverse mortgage which is administered by HUD and insured by the Federal Housing Administration.

Here are some of today's jumbo reverse mortgages (features and benefits vary by the issuing bank and Jumbo loan product chosen).