A reverse mortgage isn't available for every homeowner. Typically, you'll need to be age 62 or older to qualify, leaving this ...

Seniors have a few options for tapping into their home's equity, but certain options may be better than others.

Home equity is a valuable financial resource. By definition, it’s the difference between your home’s value and how much you owe on your mortgage. For example, if your home is worth $500,000 ...

CNBC Select outlines how homeowners can increase their home equity by paying down their mortgage and making improvements on ...

Why a reverse mortgage may be better. Reverse mortgages are only offered to a portion of the homeowner community. With some rare exceptions, applicants will need to be age 62 or older to qualify ...

Compared with the FHA-insured Home Equity Conversion Mortgage (HECM), Longbridge Platinum products feature higher available proceeds, a streamlined approval process, more flexible requirements for ...

You need to be 62 and older. The first key thing to know about reverse mortgages is that only seniors can qualify for them. As Lisa Gaffikin, a home loan specialist at Churchill Mortgage explains ...

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.

The 7 types of mortgage refinancing Ready to refinance? Here's how to pick the right option, whether you want a lower rate or a cash loan.

The Oregon legislature held a hearing last week on a proposed bill that seeks to limit the amount of equity a reverse mortgage lender can receive after the sale or transfer of a property.

Home equity is a valuable financial resource. By definition, it’s the difference between your home’s value and how much you owe on your mortgage. For example, if your home is worth $500,000 ...