Home Equity Conversion Mortgage ( HECM) endorsements fell in March based on rate increases observed in the late period of ...

The company previously said this option will make HECM processes more convenient for borrowers as it seeks to expand the business.

You'll need to be 62 to qualify and must undergo counseling with a HUD-approved housing counselor. The maximum loan amount for reverse mortgages allowed by HUD is $1,209,750 in 2025. These are ...

Reverse mortgages can help older homeowners free up cash in retirement by borrowing against the value of their home. They can ...

A reverse mortgage can offer seniors access to the funds they need, but there are borrowing restrictions to know.

Reverse mortgages are a financial product for older homeowners that allows them to tap into the equity they’ve built up in ...

Paying back a reverse mortgage is necessary upon death or selling the home, and there are ways to repay the funds early.

You may not have planned on having a loan on your home in your senior years but it may be a good option for you if you can get pass the misinformation. There is a great deal of misleading “facts” ...

Compliant & Secure – Fairway ensures full compliance with U.S. Department of Housing and Urban Development (HUD ... forward mortgages since 2017," said Peter Sciandra, EVP, Reverse Lending ...

In fact, the reason reverse mortgages are appealing is that for many ... out a reverse mortgage need to undergo counseling from a HUD-approved agency before borrowing that money.

The Department of Housing and Urban Development (HUD) terminated some mortgages for illegal immigrants in an effort to ensure federal home loans don't go to those living in the U.S. illegally.