Reverse mortgage as Þ nancing technique intended to seniors is originally and dominantly used in the USA. Homeownership is the main precondition for its usage and in the last ten years is spreading over the rest of the world and in some member states of the European Union. In European union, home equity release or reversion schemes intended to seniors, without home selling or moving, are realised through two speciÞ c mortgage Þ nancing models, loan and sale model. Loan model under equity release scheme in that sense is lifetime mortgage which is the most similar to the reverse mortgage technique in the USA. In the paper there are analysed speciÞ c money withdraw models on the basis of home equity value intended to senior population, with special remarks on credit model or lifetime mortgage. Lifetime mortgage in that sense includes neither home selling nor traditional loan repayment, all until death or moving of borrower. The main goal of this research is to point out the main advantages and disadvantages of different money withdraw models under equity release schemes and their presence on the European Union market with remarks on the factors that indicate wider usage potential and potentially could have stronger inß uence on the further development trends in this part. Descriptive statistics and correlation analysis are used for the purpose of analysis of home equity release usage and its potential in Þ nancing among older population. The results of analysis would help in bringing more precise conclusion about credit model of equity release and its role in solving Þ nance problem of senior homeowners.
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