A reverse mortgage can impact your eligibility for government need-based programs. For example, the money you receive from the loan can cause you to violate asset restrictions for Medicaid and ...

Lawyers at a major firm break down some common litigation and themes they've seen in cases involving reverse mortgages.

These programs are means-tested, and reverse mortgage proceeds that remain in your account past the month you receive them could potentially count as assets, possibly affecting eligibility.

Since the proceeds from a reverse mortgage loan impact your household's financial resources, they could hurt your ability to qualify for certain government benefit programs (such as Medicaid ...

How to decide if a reverse mortgage is right for you Fact checked by Betsy Petrick A reverse mortgage is a loan you take out ...

For senior homeowners, one viable option is a reverse mortgage, which is a unique type of mortgage that allows individuals aged 62 or older to convert a portion of their home equity into cash.

Freestone Mortgage LLC helps senior's complete reverse mortgages to help turn their home equity into an income stream or renovate their home to turn it into an income producing primary residence in ...

The OIG recommended that HUD “implement controls to prevent or mitigate instances of borrowers violating HECM program residency requirements by concurrently participating in the Voucher program,” ...

While the proceeds from a reverse mortgage are not considered taxable income, they can affect eligibility for certain government assistance programs, such as Medicaid. It's important to understand ...

Guild Mortgage also offers specialized loan programs for borrowers who want ... on a new home before selling your old one. Guild offers reverse mortgages as well. In 2021, Guild Mortgage had ...