Both can help alleviate financial stress. Here's how to determine which makes sense for you, according to experts.

CNBC Select reviews Finance of America, a leader in the reverse mortgage market with a wide assortment of options.

Retirees have options, but which income tool should you choose? Here's what to know before locking in a strategy.

Reverse mortgage loan amounts are tied to the expected interest rate. The lower the rate, the more money you can borrow. Some ...

Whether you already own a house or are planning to buy one, you must be aware of certain terms associated with the real ...

One loan sale is planned for Wednesday, while the other is tentatively happening in September. All-in-all, the two offerings ...

The most common type of reverse mortgage is the “Home Equity Conversion Mortgage” (HECM). The Federal Housing Administration (FHA) insures about 95% of all reverse mortgage loans.

Not all reverse mortgages are scams, but some can be. To help you spot a scam and steer clear of reverse mortgage fraud, it’s helpful to understand how these loan products work and know what red ...

Most, but not all, reverse mortgages today are federally insured through the Federal Housing Administration’s Home Equity Conversion Mortgage (HECM) Program and are available for homeowners ages ...