Hesitant to sign up for a reverse mortgage? CNBC Select outlines the alternatives, including refinancing and home equity ...

Her story provides a real-world example of how a reverse mortgage can be a strategic financial tool for staying in a current home or transitioning to a new one. Here’s how it worked out for ...

For example, with a $300,000 home and 50% PLF, you could potentially borrow up to $150,000, less any existing mortgage balance. Depending on whether you choose a reverse mortgage with a fixed rate ...

View OfferADVERTISEMENT * Sample rates are based on the most recent government data on reverse mortgages, issued in February ...

One option for cash-strapped seniors is a reverse mortgage, which allows homeowners ... and provide an example of how they work. Image Source: Getty Images. If you’re a homeowner older than ...

Yes, you can sell a home with a reverse mortgage. But while some mortgages allow the borrower to transfer responsibility to someone else — a seller to a buyer, for example — reverse mortgages ...

For example, if your home is worth $500,000 ... home equity loans and cash-out refinancing. A reverse mortgage is a loan for older homeowners who have significant amounts of equity.

Finally, before you resign yourself to a reverse mortgage, think about some other ways you might be able to tap your home for income. You could, for example, rent out a portion of your home for ...

That could happen if, for example, the price of financial assets like stocks just dropped significantly and you don’t want to sell at a loss. “A reverse mortgage could be a strategic tool that ...