Both products are worth exploring for seniors this year. Here's how to determine which could be best for you now.

What is a reverse mortgage? A reverse mortgage is a home loan that allows people ages 62 and older to borrow against their ...

The Department of Housing and Urban Development recently published a new FAQ document for servicing questions related to HECMs. The FAQ includes 12 different questions that cover a range of topics. It ...

A reverse mortgage allows older homeowners to tap their home’s equity and receive tax-free payments. Many reverse mortgage borrowers use these payments to supplement retirement income. The most common ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. One of the most misunderstood is the 60% reverse mortgage rule. This ...

Reverse mortgages allow homeowners to tap into the equity they’ve built up in their homes without having to make monthly ...

Homeowners can tap into their equity and receive monthly payouts when they want to retire. Reverse mortgages make this possible and don’t require a credit score or income. A single-purpose reverse ...

Access your equity, remain in your home and get money for expenses in retirement Written By Written by Contributor, Buy Side Mary Beth Eastman is a contributor to Buy Side and finance expert, ...

Watermark Reverse Mortgage is a licensed lender specializing in reverse mortgage solutions for homeowners aged 55 and older. It offers loan products insured by the Federal Housing Administration (FHA) ...

Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See ...

Reverse mortgages allow seniors to borrow against their home equity. If the borrower dies, a reverse mortgage falls to their estate or heirs and must still be repaid. If borrowers sell their home, the ...

Community First National Bank (CFNB) provides reverse mortgage services nationwide through its Reverse Solutions division. Its licensed specialists offer guidance and help eligible homeowners access ...